ADVOCATE
7557 Points
Joined October 2010
First of all there is no to revise the Excise return. You can take credit and utilise the credit once you receive the materials and taken in to your RG23A Part 1 Register or its equal register maintained by you.
I think you know that the cenvat benefit of inputs can be cross utilised in excise and service tax. For utilising cenvat credit under excise only material shoud have been received by the manufacturer. For availing service tax input, the payment should have been made.
For availing input on service related invoices the service receiver need not see the point of taxation rules. The point of taxation rules is framed for service provider to raise the invoice within 14 days of the completion of service or 30 days as the case may be.
Regarding your second question, when you have started paying output tax or excise duty it is permitted. If the production is not started, kindly accumulate the credit and utilise when you pay the duty.
rengaraj r.k