what is the time limit for claiming service tax credit can any body enlighten
Time limit - service tax credit
madhavvan n
Debate Over Time Limit for Claiming Service Tax Credit: Rule 4(7) vs. No Specific Limit in Cenvat Credit Rule 2004. A query was raised about the time limit for claiming service tax credit. One response indicated that under rule 4(7) of the Cenvat Credit Rules, 2007, credit can be claimed after payment for input services, suggesting a one-year limit if linked with section 11B of the Central Excise Act, 1944. Another response stated that there is no specific outer time limit for claiming service tax credit according to the Cenvat Credit Rule 2004. (AI Summary)