Cenvat credit available on service tax paid on modernization/renovation/repairs of factory

Jai Balaji Industries Ltd. Vs Commissioner of Central Excise (CESTAT Kolkata) Held that services relating to modernization, renovation or repairs of factory is input service, accordingly cenvat credit available. Facts- The appellant is engaged in the manufacture of Iron and Steel products as well as articles of Iron and Steel. As part of their modernization/renovation project, the appellants decided to set up a Coke Oven Plant in their factory premises for which the Appellants gave contracts to a number of service providers. The contractors paid service tax on the services provided by them. Th...