Cenvat credit

[THYAGARAJAN KALYANASUNDARAM]

Dear Experts,

One of My client (M.D of Pvt.Ltd.Co.) (Manufacturer of electronic product- Excise registered) have received service from Meditation/Yoga training centre and got Invoice with service tax. Kindly advice me cenvat credit is eligible for this bill or not. Thanks In advance.

[Nash Industries I Pvt Ltd]

Not related to manufacture. Hence credit not eligible.

Regards

S.Ramaswamy

9686088864

[KASTURI SETHI]

I support the views of S.Ramaswamy Sir.

[Ganeshan Kalyani]

The service should be in or in relation to manufacturing activity to claim input tax credit. Thanks.

[YAGAY andSUN]

Specifically denial in the definition of Input Services i.e. CENVAT credit is not available on the services personal consumption.

AI Summary

Cenvat Credit Not Eligible for Meditation/Yoga Services: Considered Personal Consumption, Not Manufacturing Related. A client, a manufacturer of electronic products registered under Central Excise, inquired about the eligibility of Cenvat credit for services received from a meditation/yoga training center, which included service tax. Four experts responded, unanimously concluding that Cenvat credit is not eligible in this case. The reasoning provided was that the service is not related to manufacturing activities and is considered personal consumption, which is specifically excluded from the definition of Input Services for Cenvat credit purposes.