https://www.taxtmi.com/caselaws?id=343201 The Member (Judicial) allowed the appeal, setting aside the order denying CENVAT credit on service tax paid for advisory and placement charges related to private placement of equity shares. The decision emphasized the direct connection between the services provided and the appellant's manufacturing activity, supporting the claim for CENVAT credit under the broad definition of 'input services' in the Cenvat Credit Rules, 2004. The Member rejected the Revenue's argument, citing a Tribunal decision and highlighting the necessity of establishing a nexus between input services and business operations for claiming CENVAT credit. en-us Wed, 22 Mar 2017 00:00:00 +0530 Tue, 02 Jan 2018 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343201 The Member (Judicial) allowed the appeal, setting aside the order denying CENVAT credit on service tax paid for advisory and placement charges related to private placement of equity shares. The decision emphasized the direct connection between the services provided and the appellant's manufacturing activity, supporting the claim for CENVAT credit under the broad definition of 'input services' in the Cenvat Credit Rules, 2004. The Member rejected the Revenue's argument, citing a Tribunal decision and highlighting the necessity of establishing a nexus between input services and business operations for claiming CENVAT credit. Case-Laws Central Excise Wed, 22 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343201