NOTIFICAITON NO 41/2008 DT.29 SEPT 08

Last updated: 01 October 2008

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No.41/2008-Central Excise (N.T.)

New Delhi, the 29^th September, 2008

G.S.R. (E).- In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) read with sub-rule (4) of rule 9A of the CENVAT Credit Rules, 2004, the Central Government hereby makes the following amendment in the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 39/2004-Central Excise (N.T) vide number G.S.R. 768 dated the 25^th November,2004, namely:-

In the said notification, in clause (i), the words “through account current” shall be omitted.

[F.No.224/52/2004-CX 6]

(Rahul Nangare)
Under Secretary to the Government of India

Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide notification No. 39/2004-Central Excise (N.T.), dated the 25^th November, 2004, number G.S.R.768 (E) dated the 25^th November, 2004.

IN BRIEF :

(The Central Government has also amended the criteria for filing of the ER-4, ER-5 and ER-6 returns making it mandatory for all assessees paying total duty (CENVAT credit + Cash) of more than Rs.1 crore in a financial year.)