https://www.taxtmi.com/caselaws?id=250501 The Tribunal held that services provided by a third party for arranging a loan, on which service tax was paid, qualify as eligible cenvatable services under the Cenvat Credit Rules. The Tribunal interpreted 'input service' broadly to include services necessary for business operations, such as financing services. As the loan arranged by the third party was essential for the appellant's business, they were entitled to Cenvat credit. Consequently, the Tribunal set aside the previous denials, allowing the appeal and granting relief to the appellant. en-us Tue, 11 Sep 2012 00:00:00 +0530 Thu, 14 Aug 2014 12:24:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250501 The Tribunal held that services provided by a third party for arranging a loan, on which service tax was paid, qualify as eligible cenvatable services under the Cenvat Credit Rules. The Tribunal interpreted 'input service' broadly to include services necessary for business operations, such as financing services. As the loan arranged by the third party was essential for the appellant's business, they were entitled to Cenvat credit. Consequently, the Tribunal set aside the previous denials, allowing the appeal and granting relief to the appellant. Case-Laws Service Tax Tue, 11 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250501