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2018 (3) TMI 754 - AT - Central ExciseCENVAT credit - whether appellant is entitle for the Cenvat credit in respect of civil works i.e. repair and maintenance of road and drainage system within the factory premises, rent-a-cab service provided prior to 1-04-2011 and after 1-4-2011, loan processing fees for funds obtained for capital requirement? Repair and maintenance of road and drainage system - Held that: - the civil work service which is related to repair and maintenance of road and drainage system as renovation, modernisation and repairs at factory premises is included in the inclusion category and of the definition of input service therefore credit is admissible on such service - credit allowed. Rent-a-cab service - Held that: - the said service is used in or in relation to overall manufacturing activity of the appellant therefore credit is admissible only upto 31-03-2011 - however from 1-4-2011 rent a-cab service is excluded from the definition of the input service therefore credit for the period after 1-4-2011 is not admissible - credit upto 31-03-2011 allowed. Service of processing of loan - Held that: - financing is most important part of any business organisation without which no business can take off therefore credit in respect of service tax paid on loan processing fees is clearly admissible - credit allowed. Appeal allowed in part.
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