https://www.taxtmi.com/caselaws?id=350779 The Tribunal allowed the appeal, granting the appellant cenvat credit on the seizing charges related to the lending service. The Tribunal concluded that the seizing activity by recovery agents is an input service directly related to lending, as the vehicle serves as security against the loan. The Tribunal emphasized that the seizing activity falls under the definition of security service, making it eligible for cenvat credit. The pending proceedings regarding service tax on seizing charges recovered from borrowers were deemed separate from the current appeal. en-us Thu, 02 Nov 2017 00:00:00 +0530 Fri, 27 Apr 2018 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350779 The Tribunal allowed the appeal, granting the appellant cenvat credit on the seizing charges related to the lending service. The Tribunal concluded that the seizing activity by recovery agents is an input service directly related to lending, as the vehicle serves as security against the loan. The Tribunal emphasized that the seizing activity falls under the definition of security service, making it eligible for cenvat credit. The pending proceedings regarding service tax on seizing charges recovered from borrowers were deemed separate from the current appeal. Case-Laws Service Tax Thu, 02 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350779