Availment of Cenvat Credit

[meil megha]

Dear sir,

As per Notification No.21/2014CE (N.T) Dt.11/07/2014 following provision shall be inserted with effect from 1st day of September 2014 "provided also that manufacturer or the provider of output service shall not take Cenvat Credit after six months of the documents specified in sub rule (1) of rule 9"

As my opinion all notifications with effect from prospectively

My query :- Can we take Cenvat Credit prior 1st september 2014 document ( for example for the month of May 2014 document) now we wanted to take credit for the month of January 2015. Please advise us

AI Summary

Cenvat credit time bar: six month limit from document issue applies to credits taken after the amendment's effective date.
A proviso inserted by Notification No. 21/2014 imposes that a manufacturer or provider of output service shall not take CENVAT credit after six months from the date of issue of any of the documents specified in the relevant rule; where credit is taken after the notification's effective date, the document relied upon must, at the time of taking credit, be within six months of its issue, thereby barring older documents from being claimed post amendment.