Just like we cannot take input of VAT on purcahses after 6 months from the date of purchases what is the deadline for considering the input of excise duty on purchases?
Thanks
Maha (student) (32 Points)
02 November 2016Just like we cannot take input of VAT on purcahses after 6 months from the date of purchases what is the deadline for considering the input of excise duty on purchases?
Thanks
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 02 November 2016
Time limit to avail cenvat credit on inputs is 1 year from date of invoice. No time limit for utilization of the same.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961