https://www.taxtmi.com/caselaws?id=753097 CESTAT Allahabad ruled in favor of the appellant regarding cenvat credit on set top boxes used for broadcasting services. The tribunal held that set top boxes under Chapter 85 qualify as inputs rather than capital goods for output service provision, as they are not mentioned in the exclusion category. The court applied strict statutory interpretation, finding the goods satisfy the definition of inputs used by service providers. The tribunal rejected the revenue's argument that capitalization in books of accounts prevents treatment as inputs, dismissing the demand for interest recovery under Rule 14 of CENVAT Credit Rules, 2004. en-us Mon, 06 May 2024 00:00:00 +0530 Fri, 24 May 2024 21:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753097 CESTAT Allahabad ruled in favor of the appellant regarding cenvat credit on set top boxes used for broadcasting services. The tribunal held that set top boxes under Chapter 85 qualify as inputs rather than capital goods for output service provision, as they are not mentioned in the exclusion category. The court applied strict statutory interpretation, finding the goods satisfy the definition of inputs used by service providers. The tribunal rejected the revenue's argument that capitalization in books of accounts prevents treatment as inputs, dismissing the demand for interest recovery under Rule 14 of CENVAT Credit Rules, 2004. Case-Laws Service Tax Mon, 06 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753097