2015 (6) TMI 913 - AT - Central Excise

Denial of CENVAT Credit - Held that - certain input services were availed for the purpose of setting up of business in Uttrakhand. But, for no feasibility of the unit there, that could not come up. This shall not disentitle the appellant to cenvat credit of the services availed - input services definition in Rule 2(l) would permit cenvat credit for such services which has nexus with business - Decided in favour of assessee.

Summary

The Appellate Tribunal CESTAT CHENNAI allowed the appeal stating that input services availed for setting up a business in Uttrakhand, even if the business did not materialize, entitles the appellant to cenvat credit. The input services definition in Rule 2(l) permits credit for services related to the business.