Threshold Limit for Mandatory E-payment of Central Excise Duty Slashed Rs. 1 Lakh from Rs. 10 Lakhs

[Central Excise Notification No. 15 (Non Tariff) dated 22^nd November 2013]

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 to further amend the Central Excise Rules, 2002, namely:-

1. (1) These rules may be called the Central Excise (Second Amendment) Rules, 2013.

(2) They shall come into force with effect from the 1st day of January, 2014.

2. In the Central Excise Rules, 2002, in rule 8, in sub-rule (1), in the third proviso, for the words “rupees ten lakh”, the words “rupees one lakh” shall be substituted.

F. No. 201/02/2013-CX.6