rule 5 of the
(2) Where a person opts to pay the amount in accordance with the provisions as amended by sub-
section (1), he shall pay the amount along with interest specified thereunder and make an application
to the Commissioner of Central Excise along with documentary evidence and a certificate from a
Chartered Accountant or a Cost Accountant, certifying the amount of input credit attributable to the
inputs used in or in relation to the manufacture of exempted goods, within a period of six months from
the date on which the Finance Bill, 2010 receives the assent of the President.
(3) The Commissioner of Central Excise shall, on receipt of an application under sub-section (2),
verify the correctness of the amount paid within a period of two months from the date of receipt of the
application and in case the amount so paid is found to be less than the amount payable, he shall call
upon the applicant to pay the differential amount along with interest, which shall be paid within a period
of ten days from the date of receipt of the communication from the Commissioner in this regard.
(4) Notwithstanding anything contained in any judgment, decree or order of any court, tribunal or
other authority, any action taken or anything done or purported to have been taken or done, at any time
during the period commencing on and from the 10th day of September, 2004 and ending with the 31st
day of March, 2008, relating to the provisions as amended by sub-section (1), shall be deemed to be
and deemed always to have been, for all purposes, as validly and effectively taken or done as if the
amendment made by sub-section (1) had been in force at all material times.
(5) For the purposes of sub-section (1), the Central Government shall have and shall be
deemed to have the power to make rules with retrospective effect as if the Central Government had
the power to make rules under section 37 of the Central Excise Act, retrospectively, at all mat