2014 (1) TMI 451

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..... this would be in relation to business, in addition to the activities relating to the manufacture, the appellants’ action of availing Cenvat credit on the service tax paid by the C&F Agency on such activities cannot be considered as irregular. Thus, the impugned orders are liable to be set aside - Following decision of RASHTRIYA ISPAT NIGAM LTD. Versus COMMR. OF C. EX., VISAKHAPATNAM [2010 (3) TMI .....

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..... enied by the lower authorities on the ground that though it satisfies the definition of input service, in terms of Rule 2(l) of CENVAT Credit Rules, 2004, the credit cannot be allowed as the assessable value of such services do not form a part of the assessable value of their final product. 2. Ld. Advocate draws our attention to Tribunal s decision in the case of M/s. Rashtriya Ispat Nigam Ltd. .....

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..... , Vadodara being Order No. A/560/WZB/AHD/2011, dated 7-3-2011, vide which Revenue s contention that Service Tax credit would be available only if the same has gone into the cost of production so negated. 3. After hearing the learned JDR, we agree that the disputed issue is, prima facie, covered by precedent decision of the Tribunal referred supra. We, accordingly, dispense with the condition of .....

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