CENVAT Credit Denied for Tug and Barge Operations u/r 2(l) of Cenvat Credit Rules; Stay Granted.

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....CENVAT credit - Merely because the appellant had undertaken the operation of the tugs and barges, it cannot be said that such services would be an eligible input service as defined in Rule 2 (l) of the Cenvat Credit Rules, 2004 - however stay granted - AT....