Input credit


This query is : Resolved 

(Querist)
12 March 2018 DATE OF INPUT INVOICE IS 29-JUN-2016 AND AVAILED INPUT CREDIT DURING JUN 2017 SERVICE TAX PAYMENT (PAYMENT IN 5 TH JULY 2017 ) IS IT CORRECT OR WE SHOULD HAVE AVAILED IN MAY 2017 ?

RAJA P M (Expert)
13 March 2018 Yes... You are Correct... What is May 2017?

parimala (Querist)
13 March 2018 on the date of payment of service tax ie on 5.7.2017 , 1 year time limit for availment of Cenvat Credit will get over for the input invoice dated 29-jun-2016.



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