Input tax credit

please clear your question dear.

I think what you want to convey is that you provided a service to service recipient. SR pays you after 5 years of invoice date.

Well, here the service recipient which pays service tax to you (SP) after 5 years alongwith basic value cannot claim cenvat credit under cenvat credit rules, 2004. The receiver has to pay within 6 months of invoice raising to avail cenvat credit of service tax.

Regards,

Sorry, it is not 6 months but 3 months as per 2nd proviso to Rule 4(7) of CCR 2004 as amended till date.