Setback for Ashok Leyland: CESTAT Rejects Input Service Credit on Windmill Expenses Over Lack of Lease Arrangement [Read Order]

The Chennai Bench of Customs, Excise and Service Tax Appellate Tribunal(CESTAT) dismissed Ashok Leyland’s appeal, rejecting its claim for input service credit on windmill expenses due to the absence of a lease arrangement in the agreement Ashok Leyland Limited,appellant-assessee, manufactured cast iron and aluminum articles for motor vehicles under CETA, 1985. It claimed input service…