https://www.taxtmi.com/caselaws?id=402546 The Tribunal allowed the appeal, determining that services availed by the appellants were eligible for Cenvat credit as input services under Rule 2(l) of the CENVAT Credit Rules, 2004. The services provided by M/s Singhi Advisors were deemed to be directly related to financing and financial management, entitling the appellants to the credit. Consequently, penalties and repayment demands imposed by the department were deemed unsustainable, and the appellants were granted relief. en-us Mon, 04 Jan 2021 00:00:00 +0530 Tue, 02 Mar 2021 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402546 The Tribunal allowed the appeal, determining that services availed by the appellants were eligible for Cenvat credit as input services under Rule 2(l) of the CENVAT Credit Rules, 2004. The services provided by M/s Singhi Advisors were deemed to be directly related to financing and financial management, entitling the appellants to the credit. Consequently, penalties and repayment demands imposed by the department were deemed unsustainable, and the appellants were granted relief. Case-Laws Central Excise Mon, 04 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402546