Central Excise rule amendments expand input credit and export/removal provisions with tightened procedural safeguards and verification. Amendments revise rule 57B to treat specified packing materials and containers distinctly; expand rule 57C to include additional sub rules of rule 57CC and exports under bond; extend rule 57E to cover contraventions of the Customs Act; and broaden rule 57F to permit duty free removals to FTZs, export units, technology parks, international organisations and removals under bond. Rule 57G allows credit or receipt entries on original invoices when duplicates are lost subject to officer satisfaction and time limits and requires Superintendents to verify and deface RG 23A extracts. Rule 57R limits capital goods credit to goods used exclusively in manufacture. Cross reference changes are made to rules 173Q and 209.
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Central Excise rule amendments expand input credit and export/removal provisions with tightened procedural safeguards and verification.
Amendments revise rule 57B to treat specified packing materials and containers distinctly; expand rule 57C to include additional sub rules of rule 57CC and exports under bond; extend rule 57E to cover contraventions of the Customs Act; and broaden rule 57F to permit duty free removals to FTZs, export units, technology parks, international organisations and removals under bond. Rule 57G allows credit or receipt entries on original invoices when duplicates are lost subject to officer satisfaction and time limits and requires Superintendents to verify and deface RG 23A extracts. Rule 57R limits capital goods credit to goods used exclusively in manufacture. Cross reference changes are made to rules 173Q and 209.
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