https://www.taxtmi.com/caselaws?id=201978 The Appellate Tribunal CESTAT, CHENNAI, denied the claim for service tax credit amounting to Rs. 4,39,03,272/- by M/s. TVS Motor Co. Ltd. for services provided by M/s. TVS Finance and Services Ltd. The Tribunal found that the services rendered after the initial sale of two wheelers lacked a nexus to the manufacturing process and were not integrally connected to it. Therefore, the appellants were directed to pre-deposit 50% of the tax demanded within eight weeks from the date of the order pronouncement. Compliance was to be reported four weeks thereafter. en-us Tue, 09 Nov 2010 00:00:00 +0530 Wed, 09 Feb 2011 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201978 The Appellate Tribunal CESTAT, CHENNAI, denied the claim for service tax credit amounting to Rs. 4,39,03,272/- by M/s. TVS Motor Co. Ltd. for services provided by M/s. TVS Finance and Services Ltd. The Tribunal found that the services rendered after the initial sale of two wheelers lacked a nexus to the manufacturing process and were not integrally connected to it. Therefore, the appellants were directed to pre-deposit 50% of the tax demanded within eight weeks from the date of the order pronouncement. Compliance was to be reported four weeks thereafter. Case-Laws Service Tax Tue, 09 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201978