Cenvat Credit

[Asked by Guest]

Dear All,

Good Morning...............

Is there any time limit to avail Cenvat Credit.

If yes pl provide the notification/rule details.

Regards,

RK

[DR.MARIAPPAN GOVINDARAJAN]

Dear Sir,

The time limit to avail CENVAT credit is now six months from the date of issue of bill as stipulated in Rule 9 of CENVAT Credit Rules. This has come into effect from 01.09.2014 by means of amendment to CENVAT Credit Rules vide Notification No. 21/2014-CE(NT), dated 11.07.2014. Refer 6th proviso to Rule 4(7) of CENVAT Credit Rules, 2004

[chetan rachhadiya]

i agree with govindrajan sir.

AI Summary

Cenvat credit time limit set as six months from bill issue under amended Cenvat Credit Rules.
The time limit for claiming CENVAT credit is six months from the date of issue of the bill under the amended CENVAT Credit Rules, effected by a notification and linked to a proviso governing credit claims.