TMI BlogAmendment in Notification No. 23/2006 CE (NT) dated 12 October, 2006 (ER – 1 Form for Central Excise and Cenvat Credit)X X X X Extracts X X X X X X X X Extracts X X X X ..... (N.T.), Dated : April 19,2007 In exercise of the powers conferred by rule 12 of the Central Excise Rules, 2002 and sub-rule (7) of rule 9 of CENVAT Credit Rules, 2004 , the Central Board of Excise and Customs hereby makes the following amendments in the notification of the Ministry of Finance (Department of Revenue), No.23/2006-Central Excise (N.T) dated the 12th October, 2006 published in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y manufacturers or by I or II stage dealers Credit taken on imported capital goods Credit taken on input services Credit taken from inter-unit transfer of credit by a large taxpayer* Credit taken under sub-rule(2) of rule 12BB of Central Excise Rules, 2002* Total credit available Credit utilised for payment of duty on goods Credit utilised when inputs or capital goods are removed as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2) (3) (4) (5) (6) Opening balance Credit taken on inputs on invoices issued by manufacturers Credit taken on inputs on invoices issued by I or II stage dealers Credit taken on imported inputs Credit taken on capital goods on invoices issued by manufacturers or by I or II stage dealers Credit taken on imported capital goods Credit taken on input services Total credit availa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ead with clause (128) of the Finance Bill, 2007, which by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law". (ii) in the instructions given at the end of Form E.R-1, in the table specified in Sr. No. 12, after the item relating to "Cess", the following item shall be inserted, namely;- Secondary and Hi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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