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service tax credit

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(Querist)
16 April 2010 what is the time limit to utilised the cenvat credit
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kartik_somu

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kartik_somu (Expert)
16 April 2010 There is no time bar in Cenvat Credit Rules. Also in one of the judgments (SAIL India) it was held that as there is no time limit cenvat can be availed any time. But for practical reason, in indutry, credit is availed in maximum 1 yr.

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