TMI Blog2016 (12) TMI 978X X X X Extracts X X X X X X X X Extracts X X X X ..... of wider denotation - the inclusive part of the definition of Rule 2 (l) ibid should only be considered as examples of the genre of input service that would be permissible - when the services disputed in this case viz. Business Auxiliary Service, Banking and Other Financial Services and Technical Services are not specifically excluded by the exclusion portion of the definition and in any case the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es provided by the banks and charges thereon for finance/funding; With respect to technical service, it is related to testing of finished products to maintain quality. 3. On the other hand, Ld. A.R reiterates the correctness of the impugned order. 4. Definition of input service in Rule 2 (l) of the Cenvat Credit Rules, 2004 w.e.f. 1.4.2011 consists of two portions. The second portio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e does not intend to restrict the definition; makes the definition enumerative but not exhaustive. That is to say, the term defined will retain its ordinary meaning but its scope would be extended to bring within it matters which in its ordinary meaning may or may not comprise . 5. Viewed from this light, the inclusive part of the definition of Rule 2 (l) ibid should only be considered as ex ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
