https://www.taxtmi.com/forum/issue?id=113256 The taxpayer's delayed claim for input credit on a pre registration machine is barred if not taken within the one year period from the invoice date; the credit is therefore inadmissible after that statutory window. Relief against penalties may still be sought by appeal and tribunal proceedings, with potential waiver of penalty where absence of mala fide intention is demonstrated and documentary evidence shows the fraud was committed by another professional. en-us Thu, 28 Dec 2017 23:43:14 +0530 Thu, 23 Jan 2025 15:55:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113256 The taxpayer's delayed claim for input credit on a pre registration machine is barred if not taken within the one year period from the invoice date; the credit is therefore inadmissible after that statutory window. Relief against penalties may still be sought by appeal and tribunal proceedings, with potential waiver of penalty where absence of mala fide intention is demonstrated and documentary evidence shows the fraud was committed by another professional. Discussion-Forum Central Excise Thu, 28 Dec 2017 23:43:14 +0530 https://www.taxtmi.com/forum/issue?id=113256