24 August 2015
As regards restoration on availment of cenvat credit within 1 year from the date of issue of invoice, if invoices had been issued before the amendment and inputs had been received before amendment then will the time limit of 1 year will apply? Does this hold good for input services also.
25 August 2015
The cenvat credit will be available upto 1 year from the issueing of invoice. This rule is applicable for both purpose excise and service tax.
CAclubindia
