Time limit for claiming exice duty credit

Cenvat Credit - Delayed availment – held that there is no provision for denying credit because of delay nor there is any time limit for taking credit in the CENVAT Credit Rules and therefore, the stand taken by the Revenue that credit has to be taken within a reasonable period has no basis - even the supplementary instructions issued by the Board also do not prescribe any time limit for the purpose – credit allowed.

CCE, AHMEDABAD Versus LUBI ELECTRONICS