TaxTMI 
TaxTMI 
I wanted to know what is the maximum time period after receipt of raw material / invoice date to the premises of manufacturer for availling a CENVAT credit.
Is their any notification available in central, excise rule
Time period for availing CENVAT Credit
17 Aug 2012 
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Cenvat credit timing: "immediately" means the earliest opportunity and no statutory time limit to claim credit.
No statutory time limit applies to availment of CENVAT credit; Rule 4(1) states credit "may be taken immediately" on receipt of inputs, but administrative guidance clarifies "immediately" means the earliest practicable opportunity and does not impose a rigid deadline. Courts and tribunals have held that, in absence of an express time bar, credit may be claimed within a reasonable period and delays alone do not automatically defeat the claim. (AI Summary)
No statutory time limit applies to availment of CENVAT credit; Rule 4(1) states credit "may be taken immediately" on receipt of inputs, but administrative guidance clarifies "immediately" means the earliest practicable opportunity and does not impose a rigid deadline. Courts and tribunals have held that, in absence of an express time bar, credit may be claimed within a reasonable period and delays alone do not automatically defeat the claim. (AI Summary)