https://www.taxtmi.com/caselaws?id=174705 Valuation of fixed assets was treated as an activity relating to business and, on that prima facie basis, as input service under Rule 2(l) of the Cenvat Credit Rules, 2004. The applicant therefore showed a sufficient case for relief against the demand of Cenvat credit and penalty at the stay stage. The absence of any subsequent show cause notice on the same issue further supported the request for interim protection. Full waiver of pre-deposit was granted and the stay petition was allowed. en-us Fri, 13 Dec 2013 00:00:00 +0530 Thu, 15 Oct 2015 14:36:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174705 Valuation of fixed assets was treated as an activity relating to business and, on that prima facie basis, as input service under Rule 2(l) of the Cenvat Credit Rules, 2004. The applicant therefore showed a sufficient case for relief against the demand of Cenvat credit and penalty at the stay stage. The absence of any subsequent show cause notice on the same issue further supported the request for interim protection. Full waiver of pre-deposit was granted and the stay petition was allowed. Case-Laws Service Tax Fri, 13 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174705