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TIME LIMIT FOR CENVAT CREDIT UNDER RCM

Service Tax - Started By: - Ramachandran Chandru - Dated:- 8-12-2016 Last Replied Date:- 28-4-2017 - Per CENVAT Rule 2004, time limit for taking credit is one year from the the date on which the Invoice is received from the Supplier. Whether this one .....

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authorities are of the view that it should be one year from the date of invoice. My view is no invoice is raised for RCM and as such the Rule of limitation will not applicable to RCM. - Reply By Ganeshan Kalyani - The Reply = In my view the one year .....

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AT Credit in respect of any of the document issues under Rule 9. In case of reverse charge, CENVAT Credit is admissible on the basis of TR-6 challan as and when the tax is paid. Hence, period of 1 year commences from the date of payment of Tax under .....

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