2014 (10) TMI 206

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....nt : Shri B S Meena, Addl. Comm (AR) JUDGEMENT Per: P R Chandrasekharan: The appeal and the stay petition are directed against Order-in-Original No. PUN-EXCUS-001-COM-057-13-14 dated 31.03.2014 passed by the Commissioner of Central Excise, Pune I. Vide the impugned order, the ld. Adjudicating authority has confirmed the demand of Rs. 54,44,777/- by denying utilisation of Cenvat credit of equiva....

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....ity of 'Renting of Immovable Property Service' done at Mumbai. Therefore, a show-cause notice was issued proposing to deny the utilisation of Cenvat credit and for recovery of the same vide notice dated 18.10.2013. 2.2 The matter was adjudicated vide the impugned order and demands were confirmed along with interest and imposition of penalties. It is this order which is in challenge before us.....

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....taken had nothing to do with the construction of property in Mumbai or the renting of said property thereafter. Therefore, the impugned demand is sustainable in law and hence the appellant should be put to terms. 5. We have carefully considered the submissions made by both sides. 6. It is a basic principle of Cenvat credit that there has to be a nexus between the input and input service and the ....