https://www.taxtmi.com/caselaws?id=393599 The Appellate Tribunal CESTAT Mumbai, in a judgment by Hon'ble Dr. D.M. Misra, Member (Judicial), clarified the admissibility of CENVAT credit on 'professional charges' and 'traveling expenses' as input services for taxable services providers. Relying on legal precedents, the Tribunal allowed the credit on these services, emphasizing their direct relation to output services. The Tribunal also reconsidered penalty imposition, setting it aside due to the appellant's genuine belief and subsequent reversal of credit with interest. en-us Thu, 16 Jan 2020 00:00:00 +0530 Fri, 20 Mar 2020 11:32:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393599 The Appellate Tribunal CESTAT Mumbai, in a judgment by Hon'ble Dr. D.M. Misra, Member (Judicial), clarified the admissibility of CENVAT credit on 'professional charges' and 'traveling expenses' as input services for taxable services providers. Relying on legal precedents, the Tribunal allowed the credit on these services, emphasizing their direct relation to output services. The Tribunal also reconsidered penalty imposition, setting it aside due to the appellant's genuine belief and subsequent reversal of credit with interest. Case-Laws Service Tax Thu, 16 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393599