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 eligibility denied for personal meditation and yoga services not related to manufacturing and cannot be claimed as input service. Cenvat credit for meditation/yoga services is not allowable where the service is not in or in relation to the manufacturing activity and is for personal consumption; input services must relate to taxable manufacturing activity and personal-use services are excluded from eligible input services.