https://www.taxtmi.com/caselaws?id=239332 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellant, M/s. Wockhardt Ltd., a pharmaceutical manufacturer, in an appeal against the denial of credit for testing and analyzing services for a product yet to be manufactured. The Tribunal held that such services qualify as eligible input services under Rule 2(l) of the Cenvat Credit Rules, 2004, citing legal precedents. It was determined that the distribution of credit from the head office to a different unit was permissible under Rule 7 of the Rules. Consequently, the Tribunal granted a stay, waiving the pre-deposit of dues and staying the recovery during the appeal's pendency. en-us Tue, 17 Sep 2013 00:00:00 +0530 Mon, 11 Nov 2013 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239332 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellant, M/s. Wockhardt Ltd., a pharmaceutical manufacturer, in an appeal against the denial of credit for testing and analyzing services for a product yet to be manufactured. The Tribunal held that such services qualify as eligible input services under Rule 2(l) of the Cenvat Credit Rules, 2004, citing legal precedents. It was determined that the distribution of credit from the head office to a different unit was permissible under Rule 7 of the Rules. Consequently, the Tribunal granted a stay, waiving the pre-deposit of dues and staying the recovery during the appeal's pendency. Case-Laws Service Tax Tue, 17 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239332