S.Tax Credit For R & D

[jitesh doshi]

can we avail the credit for 'Interior Work' for R & D lab?

Please give me any notification or rule.

[Brijesh Verma]

Cenvat can be availed, but the same is a risky proposition. Peruse Rule 3 of Cenvat Credit Rules 2004.Of late courts have started deciding the availability of Cenvat on the basis of "Nexus" theory....

AI Summary

Cenvat credit availability for R&D interior work is contestable and depends on a demonstrable nexus to dutiable output. Availability of Cenvat credit for interior works for an R&D laboratory depends on demonstrating a direct nexus between those input services and dutiable output under the Cenvat Credit Rules; claims are possible but fact-sensitive and legally risky given courts' increasing reliance on nexus analysis.