Appellate Tribunal allows cenvat credit for input services related to business setup

The Appellate Tribunal CESTAT CHENNAI allowed the appeal, holding that input services availed for setting up a business in Uttrakhand entitle the appellant to cenvat credit, even if the business did not materialize. The decision was based on the interpretation of the input services definition in Rule 2(l) allowing credit for services related to the business.

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The Appellate Tribunal CESTAT CHENNAI allowed the appeal stating that input services availed for setting up a business in Uttrakhand, even if the business did not materialize, entitles the appellant to cenvat credit. The input services definition in Rule 2(l) permits credit for services related to the business.

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