Answer for Expense invoice, Dtd: 12/3/14 is booked in Mar'16. Can a company take the Input credit for the service tax involved in that invoice. If, yes please specify the relevant provision of CENVAT Rule & what is the limitation of period to avail and utilization of CENVAT Credit.

admin April 19, 2016 Answer for Expense invoice, Dtd: 12/3/14 is booked in Mar'16. Can a company take the Input credit for the service tax involved in that invoice. If, yes please specify the relevant provision of CENVAT Rule & what is the limitation of period to avail and utilization of CENVAT Credit.2016-04-19T14:11:28+05:30

Time limit is only one year.