https://www.taxtmi.com/caselaws?id=772070 CESTAT Bangalore allowed the appeal in part. The tribunal held that cenvat credit of Rs.2,17,92,402/- on financing services was admissible as the credit fell under "input service" definition. Service tax demand of Rs.8,42,53,255/- on inter-unit services was set aside as it constituted self-service between divisions of the same entity. However, service tax demand of Rs.45,88,500/- on bad debts adjustment was confirmed but limited to normal limitation period since the adjustment was disclosed in ST-3 returns and not suppressed from department knowledge. No penalty was imposed on the appellant. en-us Fri, 30 May 2025 00:00:00 +0530 Wed, 04 Jun 2025 08:40:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772070 CESTAT Bangalore allowed the appeal in part. The tribunal held that cenvat credit of Rs.2,17,92,402/- on financing services was admissible as the credit fell under "input service" definition. Service tax demand of Rs.8,42,53,255/- on inter-unit services was set aside as it constituted self-service between divisions of the same entity. However, service tax demand of Rs.45,88,500/- on bad debts adjustment was confirmed but limited to normal limitation period since the adjustment was disclosed in ST-3 returns and not suppressed from department knowledge. No penalty was imposed on the appellant. Case-Laws Service Tax Fri, 30 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772070