https://www.taxtmi.com/caselaws?id=783168 The Tribunal held that the assessee was entitled to CENVAT credit on input services relating to collection of receivables, treating such services as integrally connected with the assessee's business and the valuation of its final products. It rejected Revenue's contention that these expenses, being incurred post-clearance, were not factored into the assessable value, holding that prudent costing necessarily includes all business expenditure over time and does not require one-to-one correlation with specific clearances. Relying on analogous precedent, the Tribunal classified collection services as imperative input services and found no basis to invoke the extended period. The Revenue's appeal was consequently dismissed. en-us Tue, 09 Dec 2025 00:00:00 +0530 Thu, 11 Dec 2025 08:54:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783168 The Tribunal held that the assessee was entitled to CENVAT credit on input services relating to collection of receivables, treating such services as integrally connected with the assessee's business and the valuation of its final products. It rejected Revenue's contention that these expenses, being incurred post-clearance, were not factored into the assessable value, holding that prudent costing necessarily includes all business expenditure over time and does not require one-to-one correlation with specific clearances. Relying on analogous precedent, the Tribunal classified collection services as imperative input services and found no basis to invoke the extended period. The Revenue's appeal was consequently dismissed. Case-Laws Central Excise Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783168