CENVAT Credit Allowed for R&D Building as Part of Factory; Denial of Credits on Input Services Overturned.

CENVAT Credit Allowed for R&D Building as Part of Factory; Denial of Credits on Input Services Overturned. https://www.taxtmi.com/highlights?id=59461 CENVAT Credit - capital goods - input services - capital goods installed in the Research & Development wing - Admittedly the Research and Development building is not the office of the appellant factory - As it is held, the Research and Development Building to be the part of the factory/ registered premises of the Appellant, CENVAT Credit on the input services for use in the said Research and Development building/ activities could not have been denied - AT en-us Tue, 31 Aug 2021 09:18:19 +0530 Tue, 31 Aug 2021 09:18:19 +0530 TaxTMI RSS Generator CENVAT Credit Allowed for R&D Building as Part of Factory; Denial of Credits on Input Services Overturned. https://www.taxtmi.com/highlights?id=59461 CENVAT Credit - capital goods - input services - capital goods installed in the Research & Development wing - Admittedly the Research and Development building is not the office of the appellant factory - As it is held, the Research and Development Building to be the part of the factory/ registered premises of the Appellant, CENVAT Credit on the input services for use in the said Research and Development building/ activities could not have been denied - AT Highlights Central Excise Tue, 31 Aug 2021 09:18:19 +0530 https://www.taxtmi.com/highlights?id=59461