Central Excise Rules, 12th Amendment

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....by makes the following rules further to amend the Central Excise Rules, 1944, namely :- 1. (1) These rules may be called the Central Excise (Twelfth Amendment) Rules, 1995. (2) They shall come into the force on the date of their publication in the official Gazette. 2. In the Central Excise Rules, 1944, - (i) in rule 57F, for sub-rule (7), the following sub-rule shall be substituted, na....

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....are duly accounted for to the satisfaction of the Commissioner of Central Excise." (ii) in rule 57N, after sub-rule (2), the following sub-rule shall be inserted, namely :- "(3) On an application made by a manufacturer, the Commissioner of Central Excise may, subject to such conditions and limitations as he may impose, permit a manufacturer having credit in his account in Form RG-23B maintai....

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.... the Commissioner of Central Excise may, subject to such conditions and limitations as he may impose, permit a manufacturer having credit in his account in Form RG-23C maintained under Rule 57T and lying unutilised on account of change in ownership or change in site of a factory resulting from sale, merger, amalgamation or transfer to a joint venture with the explicit provision for transfer of lia....