https://www.taxtmi.com/caselaws?id=294527 The Tribunal allowed the appeal, holding that the Appellant is entitled to Cenvat credit on service tax paid by third-party agencies for vehicle repossession services. The Tribunal emphasized the integral relationship between lending services and repossession activities, considering repossession as part of the security service. The decision was based on the interpretation of the Cenvat Credit Rules, concluding that repossession services qualify as input services used for providing the output service of lending money. The Tribunal's decision aligned with a previous ruling and ensured consistency in granting Cenvat credit for repossession services. en-us Mon, 10 Jun 2019 00:00:00 +0530 Mon, 19 Apr 2021 20:45:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294527 The Tribunal allowed the appeal, holding that the Appellant is entitled to Cenvat credit on service tax paid by third-party agencies for vehicle repossession services. The Tribunal emphasized the integral relationship between lending services and repossession activities, considering repossession as part of the security service. The decision was based on the interpretation of the Cenvat Credit Rules, concluding that repossession services qualify as input services used for providing the output service of lending money. The Tribunal's decision aligned with a previous ruling and ensured consistency in granting Cenvat credit for repossession services. Case-Laws Service Tax Mon, 10 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294527