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2010 (3) TMI 356 - AT - Service TaxCenvat Credit – Input Service – The Appellants avail the credit of duty paid on inputs and capital goods and credit of the service tax paid in terms of the Cenvat Credit Rules, 2004. Cenvat Credit was denied upon the ground that cost of straightening, bending and cutting does not form part of the assessable value of the goods manufactured and cleared by the appellant. Held that- in the light of the decision of State Co-operative Marketing Federation Ltd. and Ors. v. Commissioner of Income-tax - Since this would be in relation to business, in addition to the activities relating to the manufacture, the appellants’ action of availing Cenvat credit on the service tax paid by the C&F Agency on such activities cannot be considered as irregular. Thus, the impugned orders are liable to be set aside. Appeal is allowed
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