18 May 2016
If the date of invoice is 29th march2016 And goods received by manufacturer is 9th april 2016 then what is the time limit for manufacturer to take cenvat credit on input goods ?
18 May 2016
As per Notification No. 21/2014-CE (NT) dated 11.07.2014 (Applicable w.e.f September 1, 2014), amended Rule 4(1) [for Inputs] and Rule 4(7) [for Input services] of the Credit Rules in order to fix a time limit of 6 months from the date of issue of any of the documents specified in Rule 9(1) thereof, for availment of the Cenvat credit.
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