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[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. 23 /2016- Central Excise (N.T.)

New Delhi, the 01
st
April, 2016



G.S.R. (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 (Fourth Amendment) Rules, 2016.
(2) They shall come into force from the date of their publication in the official Gazette.

2. In the CENVAT Credit Rules, 2004,-
(a) in rule 6, in sub-rule (3) for clause (i), the following clause shall be substituted ,
namely :-
“(i) pay an amount equal to six per cent. of value of the exempted goods and seven per
cent. of value of the exempted services subject to a maximum of the sum total of opening
balance of the credit of input and input services available at the beginning of the period
to which the payment relates and the credit of input and input services taken during that
period; or” ;

(b) in rule 7B, in sub-rule (1) for the words and figures “invoices, issued in terms of the
provisions of the Central Excise Rules, 2002,” the words and figure “documents
specified under rule 9,” shall be substituted.
[F. No.267/17/2016-CX.8]

(Shankar Prasad Sarma)
Under Secretary


Note.- The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-section (i), vide notification No. 23/2004 - Central Excise (N.T.) dated the 10th September, 2004
vide number G.S.R. 600(E) dated the 10th September, 2004 and last amended vide notification No.
13/2016(N.T.)- Central Excise (N.T.) dated 1
st
March, 2016 published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 244 (E) , dated the 1
st
March,
2016.
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