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<h1>CENVAT credit amendment: revised output service definitions, refund for reverse charge unutilised credit, and valuation and distribution rules.</h1> The notification amends the CENVAT Credit Rules, 2004 to redefine and clarify output service and exempted service, expand motor vehicle inclusions, substitute terminology throughout the rules, introduce a refund mechanism for unutilised credit on reverse charge services, revise valuation rules for rule 6 (including trading and securities), fix a specific valuation measure for rail transport, and prescribe pro rata distribution and relevant period rules for input service credit allocation.