Time limit on Claiming CENVAT Credit: Major Implication

Ankit Bidasaria , Last updated: 18 July 2014  
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Rule 4 of the CENVAT Credit Rules, 2004 (CCR) provides the conditions for availment of credit. Amendment rules inserted a new proviso after the second proviso in Rule 4(1). The new proviso shall be inserted with effect from first day of September, 2014. The proviso has been reproduced as under:

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