https://www.taxtmi.com/caselaws?id=346728 Credit on advertisement and insurance services used in connection with the assessee's clearing and forwarding business was admissible as input service credit, because the services had a sufficient nexus with the taxable output activity and denial merely for lack of direct link to manufacture was unsustainable. Credit accumulated under the Service Tax Credit Rules, 2002 was also carry-forward eligible under the transitional provision in Rule 11 of the CENVAT Credit Rules, 2004, since the earlier regime credit could be utilised under the later framework. The assessee therefore obtained relief on both credit issues and the departmental challenge failed. en-us Tue, 08 Aug 2017 00:00:00 +0530 Tue, 24 Oct 2017 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346728 Credit on advertisement and insurance services used in connection with the assessee's clearing and forwarding business was admissible as input service credit, because the services had a sufficient nexus with the taxable output activity and denial merely for lack of direct link to manufacture was unsustainable. Credit accumulated under the Service Tax Credit Rules, 2002 was also carry-forward eligible under the transitional provision in Rule 11 of the CENVAT Credit Rules, 2004, since the earlier regime credit could be utilised under the later framework. The assessee therefore obtained relief on both credit issues and the departmental challenge failed. Case-Laws Central Excise Tue, 08 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346728