17 March 2011
When service tax is not availed and is eligible for the same what is the limit period to avail the same and is there any restrictions on the amt.
17 March 2011
Pooja's question is not clear. Is it cenvat credit of service tax ? There is no time limit for taking cenvat credit on service tax. There is no restriction on amount as well. But conditions under CCR apply.
18 March 2011
Cenvat credit involves two things. One taking the credit and two utilisation of the credit for payment of service tax. For both this , there is no time limit. But remember, it shall qualify as input service and the restrictions as per Rule 6 of the CCR shall apply.
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