9911796707
TMI Blog2019 (5) TMI 1347X X X X Extracts X X X X X X X X Extracts X X X X ..... nt(s) ORDER Per Shri P. K. Choudhary: The present appeal has been listed for admission today. 2. Notwithstanding the amount involved in the case being less than Rs. 2.00 lakhs, the appellant intends to contest the issue on merits, which is admitted. 3. Since the dispute in the present appeal lies in a narrow compass, the appeal itself is taken up for hearing with the consent of both side ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al and upheld the Order-in-Original. Hence, the present appeal before the Tribunal. 6. The Ld. Consultant appearing on behalf of the appellant submits that the CENVAT Credit of Service Tax paid on the loan processing fee and up-front fee charged by the bank has been claimed by the appellant. . It is his submission that the loan was taken for the business purposes and for purchase of capital good ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... run the business. These loans facilities are taken and the charges of the Bank under various heads have to be paid and there is no alternative to it. 9. It is my considered view that the Bank charges in the name of loan processing fee and up-front fee is in respect of business exigencies only and the service tax paid by them on this account falls within the ambit of "activities relating to busi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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