TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Appellate Tribunal grants CENVAT credit for Service tax on construction of staff quarters</h1> <h3>THE LAKSHMI VILAS BANK LTD. Versus COMMISSIONER OF CENTRAL EXCISE, TRICHY</h3> The Appellate Tribunal CESTAT, Chennai ruled in favor of the appellant, allowing the appeal and granting CENVAT credit for Service tax paid on the ... Cenvat Credit- - Cenvat credit of Service tax paid for construction of “Executive Staff Quarters” at Karur has been disallowed to the assessees on the ground that the staff residential quarters cannot be construed as office relating to bank premises and, therefore, is not an ‘input service’ in terms of Rule 2(l) of the CENVAT Credit Rules. Held that- The definition of ‘input service’ includes “services used in the premises of a provider of output service. Therefore, they are covered by the definition of ‘input service’ in Rule 2(l) and, therefore, they are entitled to take CENVAT credit of the entire Service tax paid. Therefore, set aside the impugned order and allow the appeal. The Appellate Tribunal CESTAT, Chennai allowed the appeal regarding disallowance of Cenvat credit for Service tax paid on construction of 'Executive Staff Quarters' at Karur. The Tribunal ruled that staff quarters are considered premises of the bank and qualify as 'input service' under Rule 2(l) of the CENVAT Credit Rules. Therefore, the assessees are entitled to take CENVAT credit of the entire Service tax paid.
TaxTMI 
TaxTMI 
