Cenvat credit reclamation permitted where reversed for non-payment if consideration paid within specified post-effective period. A taxable person may reclaim Cenvat credit reversed for non-payment of consideration for input services if the consideration is paid within three months from the appointed day.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cenvat credit reclamation permitted where reversed for non-payment if consideration paid within specified post-effective period.
A taxable person may reclaim Cenvat credit reversed for non-payment of consideration for input services if the consideration is paid within three months from the appointed day.
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