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2014 (10) TMI 331 - AT - Service TaxDenial of CENVAT credit - Input service - service of preparing Techno-Economic feasibility of rehabilitation of the factory proposed by BIFR had been received by the appellant from SSI Capital in terms of the order of the BIFR - Held that:- The appellant had filed an application before BIFR and in term of BIFR’s orders had got a study conducted by SBI Capital regarding techno-economic feasibility of rehabilitation and modalities of finance. Without such feasibility report from the SBI Caps, it was not possible for the BIFR to finalize the rehabilitation package for the appellant. In my view, therefore, the service received by the appellant from SBI Caps has nexus with their manufacturing business and would be covered by the terms ‘activities’ relating to business. In view of this, I hold that impugned order denying Cenvat credit in respect of the service in question not sustainable - Decided in favour of assessee.
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