Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Amendments to Central Excise Rules: Streamlining Cenvat Credit for Transit Sales, Direct Delivery from Manufacturers to Consignees.</h1> The circular clarifies the amendments to the Central Excise Rules, 2002, specifically regarding Cenvat Credit in transit sales through dealers. It explains that the new provisos allow direct transport of goods from manufacturers or importers to consignees, enabling the consignee to avail Cenvat Credit based on the registered dealer's or importer's invoice. This eliminates the need for goods to be transported to the dealer's premises first. The circular confirms that existing rules regarding Cenvat Credit documentation remain unchanged, and registration requirements for dealers are unaffected. The amendments aim to enhance business efficiency without withdrawing previous facilities.