Government has issued Notification no. 15/2017 – Central Excise (N.T.) on 12.06.2017; where the proviso in respect of ‘Un-availed CENVAT credit’ has been inserted in line with GST Act.
It is stated that un-availed CENVAT Credit in respect of services provided by the Government, local authority or any other person by way of assignment of the right to use any natural resource on the day immediately preceding the appointed day may be availed of in full on that very day.