TaxTMI 
TaxTMI 
Dear Experts,
Can you please provide me the changes taken place in Finance Act 2010 related to CCR Rule 6(3) retrospectively (maintenance of separate books).
Thanks & Regards
Srinivas
Changes in CCR (Rule 6(3)
16 May 2016 
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Cenvat credit amendment allows manufacturers to opt to reverse or pay credit for inputs used in exempted goods, with interest.
The Finance Act 2010 retrospectively amended Cenvat/Central Excise rules to allow manufacturers who availed Modvat/Cenvat credit for inputs (other than fuel) used to produce both dutiable and exempted goods to opt to reverse credit or pay an equivalent amount; interest is chargeable from the date of clearance until reversal/payment, and the option is available only where disputes were pending on the date of enactment. (AI Summary)
The Finance Act 2010 retrospectively amended Cenvat/Central Excise rules to allow manufacturers who availed Modvat/Cenvat credit for inputs (other than fuel) used to produce both dutiable and exempted goods to opt to reverse credit or pay an equivalent amount; interest is chargeable from the date of clearance until reversal/payment, and the option is available only where disputes were pending on the date of enactment. (AI Summary)