https://www.taxtmi.com/caselaws?id=776523 The CESTAT Chennai allowed the appeal, overturning the disallowance of service tax credit on input services classified as Management or Business Consultant's Service under Rule 2(l) of the CENVAT Credit Rules, 2004. The tribunal relied on the Madras HC ruling in M/s. Rane TRW Steering System Ltd, which rejected the revenue's argument that input services credit must be confined to services directly or indirectly linked to the manufacture of the final product. The impugned services were held to be eligible for credit. Consequently, the penalties imposed were also set aside. en-us Tue, 12 Aug 2025 00:00:00 +0530 Wed, 13 Aug 2025 07:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776523 The CESTAT Chennai allowed the appeal, overturning the disallowance of service tax credit on input services classified as Management or Business Consultant's Service under Rule 2(l) of the CENVAT Credit Rules, 2004. The tribunal relied on the Madras HC ruling in M/s. Rane TRW Steering System Ltd, which rejected the revenue's argument that input services credit must be confined to services directly or indirectly linked to the manufacture of the final product. The impugned services were held to be eligible for credit. Consequently, the penalties imposed were also set aside. Case-Laws Central Excise Tue, 12 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776523