close x
Home > Experts > Service Tax > Time Limit to Utilisation of Cenvat Credit

Please Wait ..

to your account


Remember Me | Forgot your password?


Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Alternatively, you can log in using:

Time Limit to Utilisation of Cenvat Credit (Service Tax)

Report Abuse
This query is : Resolved

Querist : Anonymous

( Querist )
14 April 2010

Is there is any time limit for utilisation of Cenvat Credit received on Input and Capital Goods

sachin alwadhi

( Expert )
14 April 2010

yes,for input immediately and capital goods 50% in current year&50% in next financial year.


( Expert )
14 April 2010

Excise credit on input can be taken immediatley and on capital goods, it is 50% in current year and 50% in next finanical year.
But there is no limit on utilization of cenvat credit. You can utilize it any time as and when you required it.

sachin alwadhi

( Expert )
15 April 2010

yes agree with MR.bansal.because there is differences between take and utilisation.

Querist : Anonymous

( Querist )
24 May 2010




You need to be the querist or approved CAclub expert to take part in this query .

Click here to login ( Members Login ) now

Similar Resolved Queries :


Quick Links

back to the top