https://www.taxtmi.com/caselaws?id=252428 The case addressed the denial of Cenvat credit on Service Tax paid by Indian Oil Corporation Ltd. for sales promotion activities. The tribunal ruled in favor of the appellant, finding that the payment was for sales promotion and not an overriding commission. The appellant's argument was supported by the Memorandum of Understanding, highlighting the nature of activities undertaken by Indian Oil Corporation Ltd. as sales promotion. As a result, the appellant was granted a waiver of pre-deposit and a stay against recovery during the appeal, indicating a favorable outcome in favor of the appellant. en-us Wed, 22 Jan 2014 00:00:00 +0530 Tue, 21 Oct 2014 15:41:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252428 The case addressed the denial of Cenvat credit on Service Tax paid by Indian Oil Corporation Ltd. for sales promotion activities. The tribunal ruled in favor of the appellant, finding that the payment was for sales promotion and not an overriding commission. The appellant's argument was supported by the Memorandum of Understanding, highlighting the nature of activities undertaken by Indian Oil Corporation Ltd. as sales promotion. As a result, the appellant was granted a waiver of pre-deposit and a stay against recovery during the appeal, indicating a favorable outcome in favor of the appellant. Case-Laws Service Tax Wed, 22 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252428