https://www.taxtmi.com/caselaws?id=416984 The Tribunal ruled in favor of the appellant, allowing their appeals against the reversal of cenvat credit on bad debts and advertisement services. It was held that the appellant was entitled to cenvat credit on input services and services received from IRCTC. The Tribunal emphasized the applicability of Rule 3 of the Cenvat Credit Rules, 2004, allowing the appellant to avail credit on input services regardless of the recovery of consideration. The incorrect interpretation of invoices for cenvat credit eligibility was also rectified, leading to the orders being set aside and the appeals being allowed with consequential relief. en-us Tue, 04 Jan 2022 00:00:00 +0530 Fri, 21 Oct 2022 16:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416984 The Tribunal ruled in favor of the appellant, allowing their appeals against the reversal of cenvat credit on bad debts and advertisement services. It was held that the appellant was entitled to cenvat credit on input services and services received from IRCTC. The Tribunal emphasized the applicability of Rule 3 of the Cenvat Credit Rules, 2004, allowing the appellant to avail credit on input services regardless of the recovery of consideration. The incorrect interpretation of invoices for cenvat credit eligibility was also rectified, leading to the orders being set aside and the appeals being allowed with consequential relief. Case-Laws Service Tax Tue, 04 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416984