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2016 (6) TMI 771 - HC - Central ExciseCenvat Credit - input services - Management Consultancy Services - nexus with manufacturing activity - Extended period of limitation - Held that:- It is hardly required to be stated that the manufacturing activity would be an ultimate result, but it begins with the establishment of the unit by purchasing machinery, raw material and also the availability of finance. In the absence of fund procured may be of its own source or through financial institution, it may not be possible to reach to the ultimate result of manufacturing activity. It cannot be said that the Management Consultancy Services so obtained has no nexus to the manufacturing activity. The Tribunal has rightly found that the input tax credit was available and we do not find that the view taken by the Tribunal could be said as erroneous. - Credit allowed - Decided against the revenue.
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