https://www.taxtmi.com/caselaws?id=237119 Cenvat credit was treated as admissible for services having a clear business nexus, including IEEMA membership and car parking used for company vehicles and officers, because they were linked to market information, business inputs, and the cost of final products. Credit was denied for India International Centre membership, as no sufficient nexus with the manufacturing business was shown. On limitation, the extended period was held unavailable because the credit was disclosed through regular ER-1 returns and audit records, and no suppression was established absent a specific obligation to furnish invoice-wise details. The confirmed credit was therefore to be reworked on that basis, with penalty limited to the proportionate confirmed credit. en-us Fri, 21 Dec 2012 00:00:00 +0530 Wed, 18 Sep 2013 08:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237119 Cenvat credit was treated as admissible for services having a clear business nexus, including IEEMA membership and car parking used for company vehicles and officers, because they were linked to market information, business inputs, and the cost of final products. Credit was denied for India International Centre membership, as no sufficient nexus with the manufacturing business was shown. On limitation, the extended period was held unavailable because the credit was disclosed through regular ER-1 returns and audit records, and no suppression was established absent a specific obligation to furnish invoice-wise details. The confirmed credit was therefore to be reworked on that basis, with penalty limited to the proportionate confirmed credit. Case-Laws Service Tax Fri, 21 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237119