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2018 (11) TMI 1019 - CESTAT CHENNAICENVAT Credit - time limitation - it was alleged that appellant had wrongly availed credit to the tune of ₹ 21,35,493/- beyond the time limit of six months / one year in contravention of Rule 4(1) of CENVAT Credit Rules, 2004 - Held that:- The assessee has to avail credit on the invoices within a period of six months /one year from the date of issue of the invoices / documents - In the present case, it is seen that all the invoices are issued even prior to 11.7.2014. The department has issued the show cause notice on the wrong interpretation of the provisions that credit has been availed by the appellant after 11.7.2014. The amended provision has no retrospective effect. Demand cannot sustain - appeal allowed - decided in favor of appellant.
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