Amends Cenvat Credit Rules - Goods cleared to a unit in a special economic zone or to a developer of a special economic zone for their authorized operations are eligible for Cenvat Credit - 50/2008 - Central Excise - Non Tariff

Cenvat credit eligibility expanded to include supplies to SEZ units and developers for authorized operations.

The amendment to the CENVAT Credit Rules, 2004 substitutes clause (i) of rule 6(6) to treat goods cleared to a unit in a special economic zone or to a developer of a special economic zone for their authorized operations as eligible for Cenvat credit, thereby bringing such clearances within the scope of admissible credits under the rules, effective on publication in the Official Gazette.