https://www.taxtmi.com/caselaws?id=411059 Cenvat credit on collateral management charges for loans and advances was held admissible where the lending activity was not treated as an exempt service merely because interest on loans was outside service tax. The notice also failed on limitation because it was issued after a substantial delay despite proper books, statutory registers, and regular return filing, with no suppression of facts or contumacious conduct shown. On that basis, the demand was not sustainable and consequential relief followed in accordance with law. en-us Mon, 09 Aug 2021 00:00:00 +0530 Tue, 26 Apr 2022 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411059 Cenvat credit on collateral management charges for loans and advances was held admissible where the lending activity was not treated as an exempt service merely because interest on loans was outside service tax. The notice also failed on limitation because it was issued after a substantial delay despite proper books, statutory registers, and regular return filing, with no suppression of facts or contumacious conduct shown. On that basis, the demand was not sustainable and consequential relief followed in accordance with law. Case-Laws Service Tax Mon, 09 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411059