https://www.taxtmi.com/article/detailed?id=5916 Circular No. 990/14/2014-CX-8 explains that the six month limitation governs only the first occasion on which CENVAT credit is taken on an eligible document; after credit is taken within that time, the limitation no longer bars subsequent re crediting of amounts earlier reversed, subject to compliance with the specific conditions in the CENVAT Credit Rules. The Circular illustrates this principle with reversals and re credits arising under the payment linked proviso to Rule 4(7), the write off rule in Rule 3(5B), and the job worker return rule in Rule 4(5)(a). en-us Thu, 20 Nov 2014 12:52:21 +0530 Thu, 20 Nov 2014 12:52:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5916 Circular No. 990/14/2014-CX-8 explains that the six month limitation governs only the first occasion on which CENVAT credit is taken on an eligible document; after credit is taken within that time, the limitation no longer bars subsequent re crediting of amounts earlier reversed, subject to compliance with the specific conditions in the CENVAT Credit Rules. The Circular illustrates this principle with reversals and re credits arising under the payment linked proviso to Rule 4(7), the write off rule in Rule 3(5B), and the job worker return rule in Rule 4(5)(a). Articles Service Tax Thu, 20 Nov 2014 12:52:21 +0530 https://www.taxtmi.com/article/detailed?id=5916