https://www.taxtmi.com/caselaws?id=354472 The Appeals filed by the Revenue challenging the eligibility of services provided by financial companies for CENVAT credit were dismissed. The Tribunal determined that the services aimed at enhancing sales of manufactured goods, qualifying as sales promotion activities eligible for input service credit. Additionally, the Tribunal upheld that subvention charges/incentives paid were for sales promotion purposes based on the memorandum of understanding between the parties. The denial of credit on service tax paid by the Respondent was deemed unsustainable, leading to the dismissal of the Revenue's Appeals and upholding the initial order. en-us Fri, 19 Jan 2018 00:00:00 +0530 Tue, 27 Feb 2018 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354472 The Appeals filed by the Revenue challenging the eligibility of services provided by financial companies for CENVAT credit were dismissed. The Tribunal determined that the services aimed at enhancing sales of manufactured goods, qualifying as sales promotion activities eligible for input service credit. Additionally, the Tribunal upheld that subvention charges/incentives paid were for sales promotion purposes based on the memorandum of understanding between the parties. The denial of credit on service tax paid by the Respondent was deemed unsustainable, leading to the dismissal of the Revenue's Appeals and upholding the initial order. Case-Laws Central Excise Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354472