2015 (1) TMI 182

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....puty Commissioner (AR), for the  Respondent. ORDER The appellant had availed credit of service tax paid on input services in connection with the raising of equity capital, Investor Consultancy Services and acquisition of another company during May 2006 and December 2006 and took a credit in one of their three units namely Unit I engaged in the manufacturing operations. Revenue took objectio....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hat according to Rule 12A of Cenvat Credit Rules, any branch of LTU can transfer the Cenvat credit to other branches of the same company without any limit. However we find that the procedure followed by the appellants in availing the entire credit in one unit whereas the same was attributable to all the units may not be correct procedurally. However this would be only a procedural infraction and m....