2014 (1) TMI 1201

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....: P.R.Chandrasekharan The appeals and stay petitions are directed against Order-in-Original No. 41-44/STC-I/SKS/12-113 dated 07/01/2013 Commissioner of Service Tax - I, Mumbai. 2. Vide the impugned order, CENVAT credit amounting to Rs.4.69 crore has been denied and sought to be recovered along with interest thereon and also imposing equivalent amount of penalty under the provisions of the Fi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Service, it is submitted that the said service has been availed to provide accommodation to their employees. It is contended that it also would form part of the employee's perk and therefore, would be eligible for CENVAT credit. The service tax credit on this account amounts to Rs.16.35 lakhs. 3.2 The last category is Event Management Service, in respect of which a service tax credit of Rs.1.0....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ity and submits that there is no direct nexus between the services availed and the output service provided by the bank and, therefore, he would urge that the appellant should be put to terms. 5. We have carefully considered the submissions made by both the sides. As regards the Insurance Auxiliary Service, this service is for providing group insurance policy, which is a part and parcel of the s....