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2019 (5) TMI 1138 - AT - Service TaxCENVAT Credit - Stock Broker and Banking & Other Financial Services - input services used in ‘setting up’ of their office premises - the new office taken on Leave and License basis - HELD THAT:- The Appellant, after taking possession of the office premises against leave and licence agreement with India Bulls Real Estate Co. Pvt. Ltd, carried out certain civil construction/repair work. Also, they have carried out renovation of the premises as advised by the architecture so as to make optimum use of the space and other necessaries like air conditioners, Fire fighting equipment etc. useful for the employees and as per their requirement. The only contention of the Revenue is that after 1.4.2011 since the expression ‘setting up’ has been deleted from the definition of input service as prescribed u/R 2(l) of CENVAT Credit Rules 2004, the various services received cannot be called as input service. Some of the services undertaken by the Appellant though are in the nature of civil works, but considering with other works it is definitely relate to repair/renovation, modernization of the existing office premises and eligible to CENVAT Credit. Credit allowed - appeal allowed - decided in favor of appellant.
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