https://www.taxtmi.com/caselaws?id=269802 The Tribunal allowed the appeal, setting aside the impugned order that denied CENVAT credit to the appellant for input services used in an IPO for capital collection. The Tribunal held that the appellant was entitled to the credit under the broad definition of "input service" in the CENVAT Credit Rules 2004, which includes services related to manufacturing final products. The appellant's claim for credit allocation to the new unit was accepted, following the precedent of the Bombay High Court, leading to the appeal's success without any penalties imposed. en-us Wed, 04 Nov 2015 00:00:00 +0530 Wed, 17 Aug 2016 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269802 The Tribunal allowed the appeal, setting aside the impugned order that denied CENVAT credit to the appellant for input services used in an IPO for capital collection. The Tribunal held that the appellant was entitled to the credit under the broad definition of "input service" in the CENVAT Credit Rules 2004, which includes services related to manufacturing final products. The appellant's claim for credit allocation to the new unit was accepted, following the precedent of the Bombay High Court, leading to the appeal's success without any penalties imposed. Case-Laws Service Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269802