Kvat credit on cg

In KVAT Law, there is no mention of availment & utilization, separately. Since the credit on capital goods can be taken only on commencment of commercial production, utilization would be in the respective month. However, to comply with the return filing requirements and as an established procedure, dealers are declaring the purchases and credit in the month of purchase. As rightly mentioned by you, it can be utilized in the month in which the production starts.