Amends Cenvat Credit Rules, 2004 – inserts new provision for deterrent measures where cenvat facility is misutilized

Amends Cenvat Credit Rules, 2004 – inserts new provision for deterrent measures where cenvat facility is misutilized https://www.taxtmi.com/notifications?id=3071 Empowers the Central Government to assess misuse of CENVAT credit and, by notification, impose restrictions such as limiting utilization of CENVAT credit, suspending dealer registration, withdrawing specified facilities from manufacturers, dealers or exporters, and prescribing the procedure for issuance of such orders by an officer authorized by the Board. en-us Sat, 30 Dec 2006 00:00:00 +0530 Wed, 12 Nov 2008 10:35:00 +0530 TaxTMI RSS Generator Amends Cenvat Credit Rules, 2004 – inserts new provision for deterrent measures where cenvat facility is misutilized https://www.taxtmi.com/notifications?id=3071 Empowers the Central Government to assess misuse of CENVAT credit and, by notification, impose restrictions such as limiting utilization of CENVAT credit, suspending dealer registration, withdrawing specified facilities from manufacturers, dealers or exporters, and prescribing the procedure for issuance of such orders by an officer authorized by the Board. Notifications Central Excise Sat, 30 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3071