https://www.taxtmi.com/forum/issue?id=111849 Availability of Cenvat credit under reverse charge requires qualifying documentary evidence and payment; credit for partially paid invoices is claimable for the paid portion, while credit on unpaid instalments becomes available only after payment and required challan generation, and the one-year bar for claiming credit runs from the document date. Failure to pay within the prescribed period triggers an obligation to reverse any credit taken, which may apply to the invoice or the challan mechanism until payment and procedural formalities are satisfied. en-us Sat, 29 Apr 2017 10:00:44 +0530 Thu, 23 Jan 2025 15:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111849 Availability of Cenvat credit under reverse charge requires qualifying documentary evidence and payment; credit for partially paid invoices is claimable for the paid portion, while credit on unpaid instalments becomes available only after payment and required challan generation, and the one-year bar for claiming credit runs from the document date. Failure to pay within the prescribed period triggers an obligation to reverse any credit taken, which may apply to the invoice or the challan mechanism until payment and procedural formalities are satisfied. Discussion-Forum Service Tax Sat, 29 Apr 2017 10:00:44 +0530 https://www.taxtmi.com/forum/issue?id=111849