https://www.taxtmi.com/article/detailed?id=7195 Cenvat credit reversed before the appointed day for non-payment may be reclaimed if the taxable person pays for the supply within the specified short period after the appointed day. The amendment shortens the recovery window and conditions entitlement on post-appointed-day payment, creating implementation and compliance difficulties for entities that rely on longer invoice-based availment periods, retention payments released on contract completion, or practices of availing credit only after payment. en-us Tue, 10 Jan 2017 07:21:07 +0530 Tue, 10 Jan 2017 07:21:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7195 Cenvat credit reversed before the appointed day for non-payment may be reclaimed if the taxable person pays for the supply within the specified short period after the appointed day. The amendment shortens the recovery window and conditions entitlement on post-appointed-day payment, creating implementation and compliance difficulties for entities that rely on longer invoice-based availment periods, retention payments released on contract completion, or practices of availing credit only after payment. Articles Goods and Services Tax - GST Tue, 10 Jan 2017 07:21:07 +0530 https://www.taxtmi.com/article/detailed?id=7195