Time limit for availing cenvat credit

[chaganti srinivas]

What exactly the time limit for taking the CENVAT credit on inputs / capital goods, any specific notification or circular ?.

AI Summary

CENVAT credit timing: absence of statutory time limit, credit expected within reasonable time and refund period.
No statutory time limit is prescribed for taking CENVAT credit; claims should be made within a reasonable time and are influenced by refund limitation periods. Inputs credit is taken on receipt at factory premises but delay does not automatically bar claim; capital goods present additional complexities including interaction with depreciation, exemptions, and limits on credit for Additional Duty of Customs.