https://www.taxtmi.com/caselaws?id=357627 The Tribunal held that the services provided by the appellant were classified as "Management or Business Consultant Service" (MBCS) and that the appellant was eligible for a refund under Rule 5 of the Cenvat Credit Rules, 2004, read with Export of Services Rules, 2005. The Tribunal found that the appellant's advisory services related to investments in companies developing real estate aligned more with MBCS than "Real Estate Advisory Service" (REAS). Additionally, it determined that the services qualified as export of services since they were utilized by a foreign client for investment decisions regarding Indian companies. Consequently, the Tribunal allowed the appeals in favor of the appellant, setting aside the previous order. en-us Mon, 26 Mar 2018 00:00:00 +0530 Fri, 15 Feb 2019 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357627 The Tribunal held that the services provided by the appellant were classified as "Management or Business Consultant Service" (MBCS) and that the appellant was eligible for a refund under Rule 5 of the Cenvat Credit Rules, 2004, read with Export of Services Rules, 2005. The Tribunal found that the appellant's advisory services related to investments in companies developing real estate aligned more with MBCS than "Real Estate Advisory Service" (REAS). Additionally, it determined that the services qualified as export of services since they were utilized by a foreign client for investment decisions regarding Indian companies. Consequently, the Tribunal allowed the appeals in favor of the appellant, setting aside the previous order. Case-Laws Service Tax Mon, 26 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357627