Time limit for carry forward of unutilised cenvat credit

There is no time limit for carry forward of credit.

time limit shall be one year from the the date oof invoice. as per latest circulars and 6th ammendment in ccr rules.

Hi Friends.

There is no time limit for utilization of cenvat credit.

 recent amendmend is time limit for availing cenvat credit is 1 year for availment. 

Let us take a case where a manufacturer has not paid duty as he thinks that he is not liable due to interpretation. Dept. raises duty and finally concludes that he is liable from 2010-15.

Can he be denied credit for 10 -14 when the limitation was introdiuced? There is a principle in taxation that one cannot be worse off than if one opted for payment in 2010. If this is applicable to this situation manufacturer should be eleigible for credit for the past years is an argument one could take.

Look beyond the rule- maybe this needs tobe examined further but for the past, it may not be justified to apply. However from 2014 onwards the restruiction though not in the spirit fo the law ( dept demand money for 5 years) but limits credit to 1 would in my opinion be valid. 

Thank you all for giving valuble points

We have missed a cenvat credit of import material bill of exchange dated 3 may 2016, 
We noticed the same today, 
The amount is big, what is the provision to take credit of same.
We asked excise dept about it, one of them said u cannot claim cenvat of more than 1 year previous.

The other said, u can calim duty of previous one year from the date of Migration. So accordingly available.

But we are completely confused.
Can somebody help in this.