2018 (6) TMI 635

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....R The above appeal was disposed by the Tribunal earlier by Final Order No. 40197/2016 dated 5.2.2016 whereby the Tribunal allowed the appeal filed by the appellant herein. The department preferred an appeal before the High Court and vide judgment dated 7.7.2017, the matter was remanded to the Tribunal for reconsideration. The Hon'ble High Court had directed to dispose of the appeal within a per....

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.... Branded Products. After the advice of M/s. Ambit Corporate Finance Ltd., management consultancy, the appellants transferred five of their manufacturing units to another company namely Bright Auto Plast Pvt. Ltd. For rendering management consultancy services, Ambit had raised invoices including the payment of service tax on such services. The Head Office of the appellant which is an ISD distribute....

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....h activity of raising funds is included in the definition of service tax as the word "financing" is mentioned in the inclusive part of the definition. He relied upon the decision of the Tribunal in the case of Tamilnadu Petroproducts Ltd. - 2017 (52) ELT 427 (Tri. Chennai) and submitted that the Tribunal in the said case had allowed the credit availed on financial consultancy / advice services ava....

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....ve any nexus with the manufacturing activity of the appellant and therefore the authorities below have rightly rejected the credit. He relied upon the decision in the case of Commissioner of Central Excise Vs. Gujarat Heavy Chemicals Ltd. - 2011 (22) STR 610 (Guj.) and argued that the Hon'ble High Court in the said case has relied upon the decision of the Hon'ble Supreme Court in the case of Marut....