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2012 (8) TMI 848 - AT - Central ExciseAvailment of CENVAT Credit - Distribution of credit - Held that:- prima facie the utilization of the services of management consultant services for the purpose of selling one of the divisions of the appellant-assessee for the purpose of raising finance should be treated as ‘input service’ and therefore, the credit may be admissible and that distribution of the said credit to the appellant’s manufacturing unit in Bangalore is validly done. In view of the above, the demand raised and penalties imposed, prima facie, are not justified - Stay granted.
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