https://www.taxtmi.com/caselaws?id=245183 The Appellate Tribunal CESTAT Chennai ruled in favor of the applicant, allowing them to avail CENVAT credit on service tax paid for renting immovable properties for a corporate office. The Tribunal held that the rent paid for the corporate office was eligible for CENVAT credit under Rule 2(l) of CENVAT Credit Rules, 2004, considering it as part of the cost of production. The decision included a waiver of predeposit of duty, interest, and penalty, and a stay on recovery during the appeal process, providing a favorable outcome for the applicant. en-us Fri, 20 Sep 2013 00:00:00 +0530 Sat, 22 Mar 2014 06:34:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245183 The Appellate Tribunal CESTAT Chennai ruled in favor of the applicant, allowing them to avail CENVAT credit on service tax paid for renting immovable properties for a corporate office. The Tribunal held that the rent paid for the corporate office was eligible for CENVAT credit under Rule 2(l) of CENVAT Credit Rules, 2004, considering it as part of the cost of production. The decision included a waiver of predeposit of duty, interest, and penalty, and a stay on recovery during the appeal process, providing a favorable outcome for the applicant. Case-Laws Central Excise Fri, 20 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245183