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<h1>Central Excise Rules 2001: New Amendments on Garment Duty, Provisional Assessments, and CENVAT Credit Effective July 1, 2001.</h1> The Central Excise (No. 2) Rules, 2001, replacing the 1944 rules, were re-notified to address feedback from industry and field formations. Key amendments include the requirement for parent manufacturers to pay excise duty on readymade garments unless authorized otherwise, and a six-month timeline for finalizing provisional assessments, with possible extensions. New provisions cover interest charges or refunds for provisional assessments from July 1, 2001, invoice details, handling returned goods, and remission of duty. The end-use exemption procedure has been replaced, and CENVAT Credit and Appeals Rules have been updated. All rules take effect from July 1, 2001.