https://www.taxtmi.com/notifications?id=3512 The amendment empowers the Central Government to notify an option to pay the duty for specified goods allowing assessees to pay duty on notified factors and rates subject to conditions, interest and penalty. It also provides that if processes on returned goods do not amount to manufacture the manufacturer must repay the CENVAT credit taken; otherwise duty is payable on returned goods at the applicable rate and on valuation determined under the Act. en-us Thu, 28 Jun 2001 00:00:00 +0530 Fri, 14 Nov 2008 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3512 The amendment empowers the Central Government to notify an option to pay the duty for specified goods allowing assessees to pay duty on notified factors and rates subject to conditions, interest and penalty. It also provides that if processes on returned goods do not amount to manufacture the manufacturer must repay the CENVAT credit taken; otherwise duty is payable on returned goods at the applicable rate and on valuation determined under the Act. Notifications Central Excise Thu, 28 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3512