https://www.taxtmi.com/caselaws?id=751292 CESTAT Chennai ruled on 100% EOU's refund claim for unutilized cenvat credit under Rule 5 of Cenvat Credit Rules, 2004. The tribunal held that pre-2011 definition of input services had wide ambit including "activities relating to business," and nexus requirement was satisfied if input services were used for providing output services. Rejection on grounds of unregistered premises was unjustified per Karnataka HC precedent. However, due to discrepancies between ST-3 returns and refund claims, matter was remanded to adjudicating authority for fresh consideration within three months. Interest on delayed refund was denied. Appeals allowed by way of remand. en-us Mon, 08 Apr 2024 00:00:00 +0530 Sat, 13 Apr 2024 09:17:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751292 CESTAT Chennai ruled on 100% EOU's refund claim for unutilized cenvat credit under Rule 5 of Cenvat Credit Rules, 2004. The tribunal held that pre-2011 definition of input services had wide ambit including "activities relating to business," and nexus requirement was satisfied if input services were used for providing output services. Rejection on grounds of unregistered premises was unjustified per Karnataka HC precedent. However, due to discrepancies between ST-3 returns and refund claims, matter was remanded to adjudicating authority for fresh consideration within three months. Interest on delayed refund was denied. Appeals allowed by way of remand. Case-Laws Service Tax Mon, 08 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751292