https://www.taxtmi.com/acts?id=11334 The provision retrospectively amends rule 57AD to require manufacturers to pay an amount equal to the CENVAT credit attributable to inputs used in or in relation to manufacture of exempted or nil rated goods, submit an application within six months of assent with documentary evidence and a certificate from a Chartered Accountant or Cost Accountant, and subject such payments to interest and verification by the Commissioner; actions during the specified period are deemed validated and the Central Government is deemed to have retrospective rulemaking power, while no act is made punishable if it was not punishable prior to this section. en-us Fri, 26 Feb 2010 19:59:55 +0530 Fri, 26 Feb 2010 19:59:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11334 The provision retrospectively amends rule 57AD to require manufacturers to pay an amount equal to the CENVAT credit attributable to inputs used in or in relation to manufacture of exempted or nil rated goods, submit an application within six months of assent with documentary evidence and a certificate from a Chartered Accountant or Cost Accountant, and subject such payments to interest and verification by the Commissioner; actions during the specified period are deemed validated and the Central Government is deemed to have retrospective rulemaking power, while no act is made punishable if it was not punishable prior to this section. Act-Rules Bills Fri, 26 Feb 2010 19:59:55 +0530 https://www.taxtmi.com/acts?id=11334