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TMI Blog2014 (1) TMI 55X X X X Extracts X X X X X X X X Extracts X X X X ..... g and financial services and business auxiliary service - There is no evidence on record to show that these services are not in relation to the goods manufactured and exported by the appellant - The services are specifically covered under the definition of ‘input service' – there was merit in assessee’s contention – order set aside – decided in favour of Assessee. - E/897/09-Mum - Final Order No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bulk drugs and availing the banking and financial services of the banks situated outside India. The contention of the appellant is that banking and financial services is a financial charge taken by the foreign banks for collecting and remitting the appellants' sale proceeds from the foreign countries. Since these banks are situated abroad, the appellant being a service recipient' paying service ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at credit of the same. Export commission and sales promotion are falling under business auxiliary service hence entitled for credit. The contention is that as per the definition of input service' as provided under Rule 2(l), the appellants are entitled for credit. 4. The Revenue relied upon the findings of the lower authority and submitted that the input services on which credit has been availe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce or an office relating to such factory or premises, advertisement or sales promotion, market research, storage upto the place of removal, procurement of inputs, accounting, auditing, financing, recruitment and quality control, coaching and training, computer networking, credit rating, share registry, security, business exhibition, legal services, inward transportation of inputs or capital goods ..... X X X X Extracts X X X X X X X X Extracts X X X X
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