TMI Blog2017 (9) TMI 155X X X X Extracts X X X X X X X X Extracts X X X X ..... t Rules, 2004, defines “Input Service” as any service used by provider of taxable service for providing an output service. With regard to Management or Business Consultation Service, It is on record that the appellant has utilized the services of M/s. Sapphire Consulting Group for providing the output service to M/s. Koutons Retail India Ltd - As long as, the service is used to provide output s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... der Section 65(105)(s). They had availed the service of M/s. Sapphire Consulting Group who had raised invoice on the appellant under the category of Management or Business Consultant s Service and paid Service Tax. On such Service Tax paid, the appellant took Cenvat credit and utilized it for payment of their Service Tax. Revenue took the view that Management or Business Consultant s Service c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ovided in connection with syndication for raising funds via private equity. The appellant used the services of M/s. Sapphire Consulting Group, who paid Service Tax under the category of Management or Business Consultant Service . The issue for decision is whether the appellant is entitled to Cenvat Credit on the Service Tax paid by M/s. Sapphire Consulting Group and whether such credit can be uti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sultation Service cannot be used to provide Chartered Accountant Service. We find that there is no such restriction in the definition of input service. As long as, the service is used to provide output service, Cenvat credit of such Service Tax will be admissible. 5. In view of the above, we are of the view that Cenvat credit availed is admissible. Consequently, the impugned order is set aside ..... X X X X Extracts X X X X X X X X Extracts X X X X
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