Credit of duty on goods brought to the factory
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....ticulars of such receipt in his records and shall be entitled to take CENVAT credit of the duty paid as if such goods are received as inputs under the CENVAT Credit Rules, 2002 and utilise this credit according to the said rules. (2) If the process to which the goods are subjected before being removed does not amount to manufacture, the manufacturer shall pay an amount equal to the CENVAT credit....
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....ve Amendment by Section 39 of Taxation Laws (Amendment) Act, 2006 (29 of 2006) Amendment of rule 16 of the Central Excise Rules, 2002. 39. (1) IN the Central Excise Rules, 2002, made by the Central Government in exercise of the powers conferred by section 37 of the Central Excise At, rule 16 thereof as published in the Official Gazette vide notification of the Government of India in the Ministr....
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....as if the amendment made by sub-section (1) had been in force at all material times. (3) For the purpose of sub-section (1), the Central Government shall have and shall be deemed to have the power to make rules with retrospective effect as If the Central Government had the power to make rules under section 37 of the Central Excise Act, retrospectively, at all material times. Explanation. - For t....


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