cenvat credit urgent plz reply urgently

Availment and utilisation of cenvat credit is ragulated by Cenvat Credit Rules,2004. Utilisation of cenvat credit in the next financial year is not restricted anywhere in that rules.

U can carry forward the unutalised cenvat credit lying in your account

from where i get detail knowledge for above question 

Go through the cenvat credit Rules 04 for more details

S.V

DEAR CHIRAG,

THERE IS NO SUCH SPECIFIC SECTION WHICH PROVIDES FOR THE NO. OF YEARS A CANVAT CREDIT ALLOWABLE TO CARRY FORWARD. NEITHER THERE IS ANY SPECIAL PROVISION PROHIBITING THE CARRY FORWARD OF CENVAT CREDIT EITHER UNDER THHE SERVICE TAX RULES OR CENVAT CREDIT RULES. THUS, U CAN CARRY FORWARD CENVAT CREDIT FOR THE FUTURE YEARS AS WELL..

REGARDS,

MANOJ