cenvat credit of past liability

[jagannath prasad]

an assessee pays service tax liability after two years.Since now GAR7 is also an eligible document for taking credit, can the assessee take credit of the tax paid within 6 months of GAR7 date.

thanking you

AI Summary

Can CENVAT credit be claimed after two years using GAR7? Check rule impact of SCN on eligibility. An assessee inquires about taking CENVAT credit on service tax paid after a two-year delay, using GAR7 as an eligible document, within six months of its date. Responses suggest that credit can generally be taken if it relates to manufacturing activities, excluding interest and penalties. One response highlights the importance of checking if the service provider has received a Show Cause Notice (SCN) from the Service Tax Department, as this could affect eligibility for credit. The discussion seeks clarification on specific CENVAT credit rules regarding the impact of SCN issuance on credit eligibility.