Cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 May 2016
HI,
Since as per new notification time limit has been extended from 6 month to 1 year.
My question is, since the service tax return has been filed half yearly, so, there would be a chance that invoice date exceed the time limit, which is 1 year. for example in big corporate the invoice date and GL date must be different. i.e. Invoice date 01.07.2014 and GL date is 31.12.2014.
Since both dates are relate to a diff. period, so how can we claim cenvat refund for the return filed for Oct-Mar' 2016.
Kindly clarify it
Since as per new notification time limit has been extended from 6 month to 1 year.
My question is, since the service tax return has been filed half yearly, so, there would be a chance that invoice date exceed the time limit, which is 1 year. for example in big corporate the invoice date and GL date must be different. i.e. Invoice date 01.07.2014 and GL date is 31.12.2014.
Since both dates are relate to a diff. period, so how can we claim cenvat refund for the return filed for Oct-Mar' 2016.
Kindly clarify it
Rupesh Jain
(Expert)
30 May 2016
you have to take the invoice date not the booking date of invoice in your books.
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