Time for ED payment

CA.G.Muguntha Narayanan (Internal Auditor at TVS Motors)   (2195 Points)

30 January 2010  
Service Tax Credit can be availed only on payment of S.T.. For ED there is no such restriction. Hence, CENVAT credit can be availed as soon as the goods are received.Is there any time limit within which such availed ED amount has to be paid to the supplier