Held - All the facts of the case and the submissions of both the sides have been carefully considered. It is observed that as the definition of Rule 2(l) of CENVAT Credit Rules 2004 is very wide and clear that all the input services which are used “directly or indirectly, in or in relation to the manufacture of the final products” would be eligible for claiming CENVAT credit. The definition of “input service” also includes all the inpu.....

Held - In this case, the services are clearly covered by inclusive part of the definition which covers financing as one of the headings under which services are eligible. As already observed by me, the services received were received for mobilization of finance by IPO and for conducting study of the business plan and study done in relation to anti-collusion devices proposed to be manufactured by the appellants. All these activities, in my opin.....