2015 (12) TMI 1106

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.... ORDER Per : ASHOK K. ARYA Both the parties have been heard in detail. 2. The issue is denial of CENVAT credit for the input services viz. advertisement, DVD film production, campaigning in electronic and print media etc. which were used for collecting capital through IPO by the appellant. The appellant states that the basic objective of the IPO was to collect the capital for expansion of manu....

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....at it supports their stand that the relevant input services are covered by the definition of Rule 2(l) of CENVAT Credit Rules 2004 and they are entitled to claim CENVAT credit for the service tax paid for the said input services. He also cites a decision in their own case by the CESTAT in appeal No.ST/1186/2010-SM issued vide Final Order No.20466/2015 dt. 02/03/2015. 4. Learned AR appearing for t....

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....ancing and so on. The decision by Hon'ble Bombay High Court in the case of CCE, Nagpur Vs. Ultratech Cement Ltd. (supra) also makes this position very clear that the service tax paid for the input services which are used directly or indirectly in relation to the manufacture would be admissible for CENVAT credit. The definition as given in Rule 2(l) of CENVAT Credit Rules, 2004 is quoted below:- ....

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....tation of inputs or capital goods and outward transportation upto the place of removal; 5.1. The impugned order, when it has denied the CENVAT credit available to the appellant, has not talked about the new unit or the old unit. The learned advocate for the appellant however says that they would like to claim CENVAT credit in case of the new unit of the appellant company. Considering this avermen....