TMI Blog2017 (1) TMI 1317X X X X Extracts X X X X X X X X Extracts X X X X ..... having direct bearing on the output service because without recruitment of manpower, no output service is possible to be provided - credit allowed. Banking and financial service - Held that: - The banking services which is essential for day to day movement of funds and realization of foreign currency that shall be entitled to CENVAT credit. Convention service - Held that: - The convention service is explained to be membership service availed by the appellant from the federation which looks after interest of the software concerns. Appellant says that it is a statutory requirement under STPA Regulation to obtain membership of that federation. When there was a statutory obligation to be a member of a statutory body recognized by law, de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncerned, that relates to manpower recruitment agency, legal consultation, marketing as well as insurance. Details were provided to the authority but without examining the same threadbare, he has disallowed CENVAT credit of the service tax paid in respect of such taxable service availed. These services have also direct relation to the output service. Accordingly, on both counts input service credit may be allowed. 4. Revenue on the other hand says that the definition of input service has undergone amendment with effect from 1.4.2011 without extending the scope thereof but limiting the scope by the word means used in the definition. That was confined to the input service having direct nexus to the output service without any direct, indir ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... llant submits that all the three services have nexus to the output service provided and details thereof were provided to in a chart placed the adjudicating authority. 10. Revenue has same contentions as in the appeal aforesaid order. 11. Heard both sides and perused the records. 12 The banking services which is essential for day to day movement of funds and realization of foreign currency that shall be entitled to CENVAT credit. The convention service is explained to be membership service availed by the appellant from the federation which looks after interest of the software concerns. Appellant says that it is a statutory requirement under STPA Regulation to obtain membership of that federation. When there was a statutory obligatio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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