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    <title>CENVAT CREDIT: RECENT AMENDMENTS</title>
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    <description>Rules amendments require reversal of Cenvat credit on input services for goods with duty remitted under Rule 21 and mandate payment of amounts due by the 5th of the following month (31 March for March), recoverable if unpaid; ISD distribution of service tax credit is restricted-credits for services used exclusively for exempt activities barred, whole-use credits allocated to that unit, and pro rata distribution based on turnover in the prescribed relevant period; registered importers must file prescribed electronic quarterly returns within 15 days of quarter end.</description>
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