https://www.taxtmi.com/forum/issue?id=106418 If the assessee satisfies the conditions of an input service under Rule 2(l) of the CCR, 2004, the accounting entry may be corrected and Cenvat credit availed because there is no time bar under central excise for taking credit. However, where the amount was already claimed as an expenditure for income tax purposes, the taxpayer must reverse or adjust income tax records to avoid double benefit, and tax authorities may be notified to prevent duplication of advantage. en-us Sat, 11 Jan 2014 15:19:35 +0530 Thu, 23 Jan 2025 15:57:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106418 If the assessee satisfies the conditions of an input service under Rule 2(l) of the CCR, 2004, the accounting entry may be corrected and Cenvat credit availed because there is no time bar under central excise for taking credit. However, where the amount was already claimed as an expenditure for income tax purposes, the taxpayer must reverse or adjust income tax records to avoid double benefit, and tax authorities may be notified to prevent duplication of advantage. Discussion-Forum Central Excise Sat, 11 Jan 2014 15:19:35 +0530 https://www.taxtmi.com/forum/issue?id=106418