2016 (9) TMI 494 - AT - Central Excise

Cenvat credit - service tax paid in availing Payroll Accounting Service - Held that - the inclusive definition given in Rule 2(l) of the Cenvat Credit Rules, 2004 covers accounting, which is a broader concept and includes payroll accounting, within its fold for which, appellant shall be entitled to get the Cenvat credit. - Decided in favour of appellant

Summary

The Appellate Tribunal CESTAT CHENNAI allowed the appeal stating that payroll preparation is part of Accounting Service, making it an input service eligible for Cenvat credit under Rule 2(l) of the Cenvat Credit Rules, 2004. The Revenue disagreed with this proposition, but the Tribunal ruled in favor of the appellant.