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of <h1>Feedback Sought on CENVAT Credit Rules Amendment: Importers Must Register for Cenvatable Invoices by October 31, 2009.</h1> The circular seeks feedback from trade, industry, and field formations on a proposed amendment to the CENVAT Credit Rules. The amendment would require importers issuing cenvatable invoices to register with the Central Excise Officer. This proposal arises from importers' requests to reintroduce the endorsement of the Bill of Entry to facilitate cenvat credit transfer, which is currently not permissible under existing laws. The government aims to clarify that invoices from registered importers are valid for cenvat credit. Stakeholders are invited to submit their views by October 31, 2009, for further consideration by the authorities.
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