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of <h1>India Amends Excise Rules: New Verification Process & Monthly Return Format to Boost Accountability Under Rule 6.</h1> The Government of India, through the Ministry of Finance, has amended the Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001. Effective from the date of publication in the official Gazette, the amendment modifies Rule 6 to ensure that an Assistant Commissioner or Deputy Commissioner verifies the use of goods for their intended purpose. Additionally, Annexure-II has been replaced with a new format for the monthly return, detailing the description, balance, and usage of goods, including export details. This amendment aims to enhance accountability in the use of goods procured at concessional duty rates.
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