2009 (1) TMI 211

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..... no basis - even the supplementary instructions issued by the Board also do not prescribe any time limit for the purpose – credit allowed. - E/1204 & 1240/2008 - A/88-91/WZB/Ahd/2009 - Dated:- 1-1-2009 - Shri B.S.V. Murthy, Member (Technical) (Final Order Nos. A/88-91/WZB/Ahd/2009 dt. 1.1.2009 certified on 21.1.2009 in E/CO/75-76/2008 and Appeal Nos. E/1204 1240/2008) Shri D.S. Negi .....

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..... pplicable to the input services. In any case he also submits that the rule provides that credit may be taken immediately. But it does not really disallow credit to be taken subsequently. He also submits that in the CBEC's Excise Manual of supplementary instructions in para 3.5 of Chapter 5, it has been clarified that "CENVAT Credit may be taken immediately on receipt of inputs in the factory. This .....

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