Further amendment to the Central Excise Rules, 2002 - Payment of Duty by SSI units amends Rule 8, Pre-authentication of Invoices Rule 11

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....al Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Central Excise Rules, 2002, namely:- 1. (1) These rules may be called the Central Excise (Amendment) Rules, 2010. (2) They shall come into force from the 1st day of April, 2010. 2. In the Central Excise Rules, 2002, - (a) in rule 8, in sub-rule(1), for the second proviso, the ....

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....aggregate value of clearances of all excisable goods for home consumption in the preceding financial year, computed in the manner specified in the said notification, did not exceed rupees four hundred lakhs. Explanation.2. - The manner of payment as specified in this proviso shall be available to the assessee for the whole of the financial year."; (b) in rule 11, sub-rule (5) shall be omitte....

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....l year computed in the manner specified in the said notification did not exceed rupees four hundred lakhs. Explanation.2. - The filing of returns as specified in the proviso shall be available to the assessee for the whole of the financial year." [F. No.334/1/2010] (PRASHANT KUMAR) UNDER SECRETARY TO GOVT OF INDIA Note: - The principal notification No. 4/2002 Central Excise (N.T.), da....