CENVAT Credit Eligible for Factory Setup Services Despite 2011 Exclusion u/r 2(l) of CENVAT Credit Rules, 2004.

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....CENVAT Credit - input services or not - services availed for ‘setting up of a factory’ - even if the word ‘setting up’ is specifically excluded from the definition of ‘input service’, w.e.f. 01.04.2011, such services used in setting up of the plant would still qualify as an ‘input service’ as per Rule 2(l) of CCR, 2004. - AT....