CENVAT CREDIT

 there is no specfic time limit , however  statute says  that the input credit should be availed within the reasonable time 

yes i agree with the opinion of Mr.Gopalsamy Sir.

Cenvat credit can be availed on inputs as soon as these reach the premises of the manufacturer or the service provider. on capital goods received in th premises 50% can be availed in the financial year in which capital goods have been received and 50% in the subsequrnt year. furhter, i agree with my friends that time limit should be reasonable. it should not be delayed to avaoid inconvenience of giving explanation.