Government of India Ministry of Finance Department of Revenue Notification No.22 /2012--Central Excise (N.T.)
April, 02nd 2012
(TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (1) ]
Government of India
Ministry of Finance
Department of Revenue
Notification No.22 /2012--Central Excise (N.T.)
New Delhi, dated,30thMarch, 2012
G.S.R ( E) . In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Central Excise Rules, 2002, namely :-
1. Short title and commencement.-(1) These rules may be called the Central Excise ( ThirdAmendment) Rules, 2012.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Central Excise Rules, 2002( hereinafterreferred to as the principal rules),-
(i)inrule7, in sub-rule (4), words, figures and lettersor section 11 AB shall be omitted.
(ii)inrule 11 of the principal rules, in the Explanation, for CENVAT Credit Rules, 2002,CENVAT Credit Rules, 2004 shall be substituted.
(iii)inrule 22 of the principal rules, for sub-rule (3), the following sub-rule shall be substituted, namely:-
(3) Every assessee, and first stage and second stage dealer shall, on demand make available to the officer empowered under sub-rule (1) or the audit party deputed by the Commissioner or the Comptroller and Auditor- General of India, or a cost accountant or chartered accountant nominated under section 14 A orsection 14 AA of the Act,-
(i)therecords maintained or prepared by him in terms of sub-rule (2);
(ii)thecost audit reports, if any, under section 233B of the Companies Act, 1956(1 of 1956); and
(iii)theincome-tax audit report, if any, under section 44 AB of theIncome-tax Act, 1961 (43 of 1961),
for the scrutiny of the officer or the audit party or the cost accountant or chartered accountant, within the time limit specifiedby the said officer or the audit party or the cost accountant or chartered accountant, as the case may be.
Under Secretary to the Government of India
Note.-The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated 1stMarch, 2002,videNotification No. 4/2002-Central Excise (N.T), dated the 1stMarch, 2002, [GSR 143(E), dated the 1stMarch, 2002] and were last amended, by Notification No. 8/2012-Central Excise (N.T) dated the 17thMarch, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R172Edated17thMarch, 2012.