2012 (11) TMI 1123 - AT - Central Excise

Application for stay - Cenvat credit - Input services - Rule 2(1) of CCR, 2004 - Held that; - in the case of Ultratech Cement Ltd. - 2010 (10) TMI 13 - BOMBAY HIGH COURT , wherein the Hon ble High Court held that any service which has nexus with the business activity of the appellant, whether it is manufacturing or rendering service, has to be treated as input service coming within the purview of Rule 2(1) of the CENVAT Credit Rules 2004 - Appeal allowed.

Summary

The Appellate Tribunal CESTAT Mumbai allowed the appeal and granted input service credit on security and insurance services, citing a previous decision by the Bombay High Court. The impugned order denying the credit was set aside, and the appeal was allowed with consequential relief.