https://www.taxtmi.com/caselaws?id=373557 The Tribunal ruled in favor of the appellant, a service provider to telecom operators, in a tax dispute. The appellant was found to have correctly availed input service credit and was eligible to claim credit on consultancy and insurance charges. Denials of credit on business expenditure and issues related to credit transfer by the corporate office were dismissed. The Tribunal upheld the appellant's legitimate actions based on ISD invoices, finding no grounds for penalties or demands against them. The appellant's interpretation of tax rules was deemed bona fide, leading to a favorable outcome with the appeal allowed and the previous order set aside. en-us Fri, 11 Jan 2019 00:00:00 +0530 Wed, 16 Jan 2019 09:16:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373557 The Tribunal ruled in favor of the appellant, a service provider to telecom operators, in a tax dispute. The appellant was found to have correctly availed input service credit and was eligible to claim credit on consultancy and insurance charges. Denials of credit on business expenditure and issues related to credit transfer by the corporate office were dismissed. The Tribunal upheld the appellant's legitimate actions based on ISD invoices, finding no grounds for penalties or demands against them. The appellant's interpretation of tax rules was deemed bona fide, leading to a favorable outcome with the appeal allowed and the previous order set aside. Case-Laws Service Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373557