https://www.taxtmi.com/article/detailed?id=10195 The tribunal held that the appellant's claimed CENVAT credit related to input services and, under the CENVAT Credit Rules, was legitimately availed. No provision in the Rules or the Finance Act requires reversal of credit where consideration for services is not recovered and written off as bad debts. The tribunal set aside the demand for reversal and also found that invoices from the co-brand partner constituted promotional/advertisement services, not catering, entitling the appellant to credit. en-us Fri, 21 Jan 2022 10:35:58 +0530 Fri, 21 Jan 2022 10:35:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10195 The tribunal held that the appellant's claimed CENVAT credit related to input services and, under the CENVAT Credit Rules, was legitimately availed. No provision in the Rules or the Finance Act requires reversal of credit where consideration for services is not recovered and written off as bad debts. The tribunal set aside the demand for reversal and also found that invoices from the co-brand partner constituted promotional/advertisement services, not catering, entitling the appellant to credit. Articles Goods and Services Tax - GST Fri, 21 Jan 2022 10:35:58 +0530 https://www.taxtmi.com/article/detailed?id=10195