https://www.taxtmi.com/notifications?id=117749 Amendment to Rule 6, sub rule (3) of the Cenvat Credit Rules, 2004 inserts the words "seven per cent. of value of the" into clause (i) and substitutes 'seven' for 'six' in the second proviso, thereby increasing the prescribed credit reversal rate. The amendment is effected under section 37 of the Central Excise Act, 1944 and section 94 of the Finance Act, 1994 and is effective from 1st June 2015. en-us Tue, 19 May 2015 00:00:00 +0530 Thu, 08 Oct 2015 09:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117749 Amendment to Rule 6, sub rule (3) of the Cenvat Credit Rules, 2004 inserts the words "seven per cent. of value of the" into clause (i) and substitutes 'seven' for 'six' in the second proviso, thereby increasing the prescribed credit reversal rate. The amendment is effected under section 37 of the Central Excise Act, 1944 and section 94 of the Finance Act, 1994 and is effective from 1st June 2015. Notifications Central Excise Tue, 19 May 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117749