Lease Credit

[Rajan Rajan]

Sir,

Whether Cenvat credit eligible for lease service and Internet services.

AI Summary

Cenvat Credit Eligibility Clarified: Computer Networking and Leased Internet Services Qualify Under Rule 2(l)(ii) of 2004 Rules. A query was raised about the eligibility of Cenvat credit for lease and internet services. Two responses were provided. The first response indicated that services related to computer networking are eligible for Cenvat Credit under rule 2(l)(ii) of the Cenvat Credit Rules, 2004. The second response clarified that leased circuits provided by telecom service providers for internet purposes qualify as 'computer network' and are therefore eligible for Cenvat credit.