Dear Sir,
I am from newly Register private limted Company
Our Company was registered with Central Excise on 23-12-2013.
After that we purchased Plant, Machineries and Raw materials (from 01-01-2014 to 31-05-2014)
We entered the above inward materials in RG-23 A & C (Part-I) Register correctly.
But we did not take credit and not maintain RG-23 A & C (Part-II) Register.
We file NIL RETURN from DEC-2013 to OCT-14.(without showing Cenvat Credit availed details)
Till Date (13-11-2014) we are not start Production and Clearance activities.
My query is
TIME LIMIT for TAKING and UTILIZING CENVAT CREDIT IS APPLIED for us
Thanking you
Very truly
N.Surendran
CAclubindia
