Seeks to amend the notification No. 23/2004-CE (N.T.), dated 10th September, 2004, so as to provide a mode of recovery of CENVAT credit wrongly taken, under the CENVAT Credit Rules, 2004. - 03/2013 - Central Excise - Non Tariff
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Recovery of CENVAT credit triggers recovery under rule 14 if mandated amounts by manufacturers or service providers remain unpaid. Adds an Explanation to rule 3 of the CENVAT Credit Rules, 2004 stating that if a manufacturer or provider of output service fails to pay amounts payable under sub rules (5), (5A) and (5B), those amounts shall be recovered in the manner provided in rule 14 for recovery of CENVAT credit wrongly taken.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of CENVAT credit triggers recovery under rule 14 if mandated amounts by manufacturers or service providers remain unpaid.
Adds an Explanation to rule 3 of the CENVAT Credit Rules, 2004 stating that if a manufacturer or provider of output service fails to pay amounts payable under sub rules (5), (5A) and (5B), those amounts shall be recovered in the manner provided in rule 14 for recovery of CENVAT credit wrongly taken.
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