2014 (4) TMI 601

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..... ld come within the meaning of the definition ‘input services’. Therefore, we consider it proper to grant waiver of dues arising from the impugned order for admission of appeal and it is ordered accordingly - Stay granted. - E/485 to 487/2012 - - - Dated:- 8-1-2013 - Shri P.K. Das and Shri Mathew John, JJ. For the Appellant: Shri V. Subramanian, Consultant For the Respondent: Shri Rammo .....

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..... disputed input services are (i) banking and other financial services for credit of Rs.28.99 lakhs, (ii) clearing and forwarding services for credit of Rs.22.53 lakhs and (iii) information technology services for credit of Rs. 9.96 lakhs. He contends that the definition of input services at Rule 2(l) specifically includes services relating to financing and therefore credit should be allowed for .....

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..... rtment and that is good enough reason for granting waiver of predeposit. 3. Opposing the prayer, learned Deputy Commissioner (AR) for the Revenue submits that the inclusive part of the definition of input services cover only financial services. According to him, charges towards issue of demand drafts, loan processing, money transfer, cheque processing etc. cannot be reckoned towards financing. .....

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