Attention all units availing SSI exemption and independent weaver

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....ttention all units availing SSI exemption and independent weaver <br>News and Press Release<br>Dated:- 1-10-2008<br><BR>Central Government has amended Notification No. 36/2001- Central Excise (N.T.), dated the 26th June, 2001 to make the following provisions: 1. For an SSI Unit availing Full Exemption from duty of excise and not registered All such units are required to file revised declaration....

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.... by 31-10-2008 The declaration shall be filed in the prescribed format under notification No. 36/2001- Central Excise (N.T.), dated the 26th June, 2001 2. an independent weaver who intends to opt for the procedure specified in rule 8A of the CENVAT Credit Rules,2002, shall file an application in the form specified in Annexure-IA to the notification No.35/2001-Central Excise(N.T.) , dated 26th Ju....

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....ne, 2001 (G.S.R. 464 (E), dated the 26th June, 2001) and shall obtain a twelve digit declarant code from the Superintendent of Central Excise having jurisdiction in this behalf, before issuance of any challan referred to in the said rule 8A; such option once exercised during a financial year cannot be withdrawn during the same financial year. See: Central Excise - Notification No. 40/2008-CE(NT) ....

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....dated -29-09-2008 Important to Note: Cenvat Credit Rules, 2002 were issued vide Central Excise - Notification No. 005/2002-CE(NT) dated -01-03-2002 Rule 8A to the Cenvat Credit Rules, 2002 was added vide Central Excise - Notification No. 054/2003-CE(NT) dated -09-06-2003 Rule 8A was subsequently deleted vide Central Excise - Notification No. 012/2004-CE(NT) dated -09-07-2004<BR> News - Press ....

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....release - PIB....