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2014 (1) TMI 558 - AT - Service TaxDenial of CENVAT Credit - Credit on service tax paid on bank charges - Imposition of equivalent penalty - Held that:- definition covers not only services used directly or indirectly in or in relation to manufacture of final products but also various services used in relation to business of manufacture whether prior to manufacture or after manufacture. Needless to say banking charges are paid in relation to purchase of raw materials and sale of finished goods and therefore such services is definitely relatable to the manufacture. Under these circumstances, the appellant is eligible for the credit - Decided in favour of assessee.
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