One-to-one co-relation not required for taking Cenvat credit under rule 3 of CCR, 2004

Delhi Metro Rail Corporation Ltd Vs Principal Commissioner (CESTAT Delhi) CESTAT Delhi held that one to one co-relation is not required for taking Cenvat credit under Rule 3 of CCR. Once credit have been rightly taken, there is no restriction in use of such credit for payment of either central excise duty or service tax or any other specified tax liability. Facts- The appellant is engaged in providing service of transport to commuters/passengers in Delhi since 24.12.2002 which service is not liable to service tax. The appellant is providing among others service of consulting engineers service ...