TMI BlogCENVAT Credit (First Amendment) Rules, 2014.X X X X Extracts X X X X X X X X Extracts X X X X ..... ated: January 8, 2014 G.S.R. 6(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 (First Amendment) Rules, 2014. (2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onth except for the month of March, where such payment shall be made on or before the 31st day of the month of March. Explanation 2.- If the manufacturer of goods or the provider of output service fails to pay the amount payable under sub-rules (5), (5A), (5B) and (5C), it shall be recovered, in the manner as provided in rule 14, for recovery of CENVAT credit wrongly taken and utilised." F. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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