CENVAT Credit Rules; 2017 — THE CENTRAL EXCISE ACT, 1944

CENVAT Credit Rules; 2017 Issue Date: 30-June-2017 Last Updated: 30-June-2017 Table Of Content Rule Short title, extent and commencement Rule 2 Definitions Rule 3 CENVAT credit Rule 4 CENVAT credit in certain cases Rule 5 CENVAT creditin exemption cases Rule 6 Conditions for allowing CENVAT credit Rule 7 Refund of CENVAT Credit Rule 8 Obligation of a manufacturer or producer of final products Rule 9 Distribution of credit on inputs by warehouse of manufacturer: Rule 10 Storage of input outside the factory of the manufacturer Rule 11 Documents and accounts Rule 12 Annual return Rule 13 Transfer of CENVAT credit Rule 14 Transfer of CENVAT credit of additional duty leviable under sub-section (5) of section 3 of the Customs Tariff Act Rule 15 Transitional Provisions Rule 16 Recovery of CENVAT credit wrongly taken or erroneously refunded Rule 17 Confiscation and penalty Rule 18 General penalty Rule 19 Power to impose restrictions in certain types of cases Rule 20 Supplementary provision CENVAT CREDIT RULES, 2017 Notification No. 20/2017-C.E. (N.T.) , dated 30-6-2017] In exercise of the powers conferred by section 37 of the Central Excise Act; 1944 (1 of 1944) and in supersession of the CENVAT Credit Rules, 2004, except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely = RULE 1. Short title; extent and commencement: 1) These rules may be called the CENVAT Credit Rules, 2017 . (2) They' extend to the whole of India_ (3) They shall come into force on the 1st day of July, 2017 . RULE 2. Definitions: (1) In these rules, unless the context otherwise requires,- (a) "Customs Tariff Act" means the Customs Tariff Act; 1975 (51 of 1975); (b) "electronic credit ledger" means the electronic credit ledge