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2015 (6) TMI 194 - AT - Service TaxDenial of CENVAT Credit - Nexus with manufacturing activity - Whether the appellants have satisfied the definition of input service for availing the CENVAT credit and whether the demand is barred by limitation - Held that:- issue involved was eligibility of CENVAT credit on services received in respect of security services etc. provided to the residential colony and not to the factory or the premises of the appellant. In this case, the services are clearly covered by inclusive part of the definition which covers financing as one of the headings under which services are eligible. As already observed by me, the services received were received for mobilization of finance by IPO and for conducting study of the business plan and study done in relation to anti-collusion devices proposed to be manufactured by the appellants. All these activities, in my opinion, are clearly covered by the inclusive part of the definition. - appellant is eligible for the benefit of refund of CENVAT credit taken by them and therefore the impugned order has no merits and has to be set aside. Accordingly, the impugned order is set aside - Decided in favour of assessee.
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