TaxTMI 
TaxTMI 
TaxTMI 
CENVAT Credit (Sixth Amendment) Rules, 2014
X X X X Extracts X X X X
X X X X Extracts X X X X
....y, 2014 G.S.R. 456(E)- In exercise of the powers conferred by section 37 of the Central Excise Act,1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules,2004, namely:- 1. (1) These rules may be called the CENVAT Credit (Sixth Amendment) Rules, 2014. (2) Save as otherwise provided i....
X X X X Extracts X X X X
X X X X Extracts X X X X
....o, the following proviso shall be inserted with effect from first day of September 2014, namely :- "Provided also that the manufacturer or the provider of output service shall not take CENVAT credit after six months of the date of issue of any of the documents specified in sub- rule (1) of rule 9."; (b) in sub-rule (7),- (i) for the first and second provisos the following provisos shall be s....
X X X X Extracts X X X X
X X X X Extracts X X X X
....he case may be, challan referred to in rule 9, except in respect of input service where the whole of the service tax is liable to be paid by the recipient of service, is not made within three months of the date of the invoice, bill or, as the case may be, challan, the manufacturer or the service provider who has taken credit on such input service, shall pay an amount equal to the CENVAT credit ava....
X X X X Extracts X X X X
X X X X Extracts X X X X
....d period allowed by the Reserve Bank of India but within one year from such period, the service provider shall be entitled to take the credit of the amount equivalent to the CENVAT credit paid earlier in terms of sub rule (3) to the extent it relates to such payment, on the basis of documentary evidence of the payment so received.". 5. In rule 12A of the said rules, in sub-rule (4), for the words....