https://www.taxtmi.com/caselaws?id=393115 Cenvat credit accrues when the input or service is received, and a later accounting entry in the credit register does not defeat that accrued right. The six-month restriction introduced by amendment was applied prospectively, so it could not be used to deny credit on invoices received before the amendment merely because the register entry was made later. The settled position applied was that a substantive credit entitlement cannot be curtailed by subsequent procedural or accounting adjustments. The disallowance of credit was set aside and entitlement to the credit was confirmed. en-us Mon, 03 Feb 2020 00:00:00 +0530 Fri, 06 Mar 2020 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393115 Cenvat credit accrues when the input or service is received, and a later accounting entry in the credit register does not defeat that accrued right. The six-month restriction introduced by amendment was applied prospectively, so it could not be used to deny credit on invoices received before the amendment merely because the register entry was made later. The settled position applied was that a substantive credit entitlement cannot be curtailed by subsequent procedural or accounting adjustments. The disallowance of credit was set aside and entitlement to the credit was confirmed. Case-Laws Service Tax Mon, 03 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393115