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2014 (4) TMI 323 - AT - Service TaxCENVAT Credit - input services - service Tax paid on the seizing charges - services of recovery agent used in Banking and Financial Service and Insurance Auxiliary Service - Revenue contends that Service Tax paid on the seizing charges is not permissible under the law inasmuch as the seizing of vehicles is not an input service for the lending activity undertaken by the appellant - Held that:- expression activity relating to business in the definition of input service is very wide and any activities which are in relation to the business would be an eligible input service. Therefore, there is merit in the contention of the appellant that the recovery agent's services engaged by them is an eligible input service for the period 2007-08 to 2010-11. However, w.e.f. 1.4.2011, the definition of input service has undergone a change and the expression ‘activity related to business' has been omitted and therefore, for the period before 1.4.2011, the recovery agent's service is prima facie an eligible input service. - After 1.4.2014 the same would not be eligible input service - stay granted partly.
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