Procedure of passing of CCR of CVD changed w.e.f. 1-3-2014

Earlier position	New position w.e.f. 1-3-2014
Custom officer used to endorsed bill of entry so that importer could pass on the benefit of CCR of CVD to subsequent manufacturer.	Now importer shall himself pass on the benefit without getting bill of entry getting endorsed. To put his system in place following 3 amendments were carried out.
	1.	Rule 9 of CER 2002. Registration Importer shall get itself registered.
	2.	Rule 2(ij) of CCR 2004. First stage dealer. An importer who sells goods imported by him under the cover of an invoice on which Cenvat credit may be taken and such invoice shall include an invoice issued from his depot or the premises of his consignment agent.
	3.	Rule 9 of CCR 2004. Documents Importer’s invoice is eligible documents on the basis of which the manufacturer or output service provider or input service distributor can avail Cenvat credit.

Summary of Changes made in the Excise Rules and the Credit Rules

1.      An importer issuing Cenvatable invoice is now made a “First Stage Dealer”

2.    Registration is made mandatory for importers issuing invoices on which CENVAT Credit can be taken