NTF. NO. 29/2002-CE(N.T.), DT. 06/09/2002

NTF. NO. 06/2002-CE(N.T.), DT. 01/03/2002 - Rate of deemed credit in respect of independent textile processors and composite mills
G.S.R. (E).- In exercise of the powers conferred by rule 11 of the CENVAT Credit Rules, 2002, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India, in the erstwhile Ministry of Finance (Department of Revenue), No. 6/2002-Central Excise (N.T.), dated the 1st March, 2002, namely:-

In the said notification,-

(i) in paragraph 2, after sub-clause (b), sub-paragraph (iii) shall be omitted;
(ii) in Explanation 3, the proviso shall be omitted;
(iii) Explanation 6 shall be omitted.

(Vivek Prasad)
Under Secretary to the Government of India

(F.No. 354/158/2002-TRU)

Footnote:- The principal notification No. 6/2002-Central Excise (N.T.), dated the 1st March, 2002 was published in the Gazette of India, Extraordinary, vide number G.S.R. 145 (E), dated the 1st March, 2002 and was last amended by notification No. 16/2002-Central Excise (N.T.), dated the 27th April, 2002 [G.S.R. 306 (E), dated the 27th April, 2002].

(Pl. refer Cir. No. 660/51/2002-CX, Dt. 09/09/2002 for Restoration of excise exemption to the hand processing sector and restoration of SSI exemption for ball & roller bearing industry )

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