2015 (10) TMI 1329

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..... that has always been supported by a guarantor. It was left open to examine by the authorities below from the banker to ascertain the amount of service tax involved. Without such examination mechanical disallowance of CENVAT credit is unwarranted. - Decided in favour of assessee. - E/S/40045/2014 and E/40012/2014 - - - Dated:- 5-3-2015 - D N Panda, Member (J), J. For the Petitioner : Mr M .....

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..... ue supports the adjudication. 4. Heard both sides and also perused the records. 5. Availing of the banker's service in the business world is inevitable. Therefore, banking and financial services provided to the appellant through a guarantor may not be ruled out. Usually when guarantee is provided that has always been supported by a guarantor. It was left open to examine by the authoritie .....

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