TaxTMI 
TaxTMI 
Sir,
Whether Cenvat credit eligible for lease service and Internet services.
Lease Credit
23 Feb 2015 
2 Replies 
1097 Views Asked by
Cenvat credit for leased internet circuits affirmed as eligible where the service constitutes a computer network input.
Leased circuits supplied by telecom providers for internet purposes are treated as part of a computer network and therefore considered eligible for Cenvat Credit; the replies equate leased internet circuits with services within the definition of computer network and conclude such supplies satisfy conditions for credit under the applicable Cenvat framework. (AI Summary)
Leased circuits supplied by telecom providers for internet purposes are treated as part of a computer network and therefore considered eligible for Cenvat Credit; the replies equate leased internet circuits with services within the definition of computer network and conclude such supplies satisfy conditions for credit under the applicable Cenvat framework. (AI Summary)