2015 (12) TMI 77

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..... ibed one-to-one correspondence between input service and output service for eligibility to credit. Further there was no concept of “deemed output service provider” as in the case of Rule 2(p) in Cenvat Credit Rules, 2004. - As per the rules which existed at the relevant time, this was not an input service for any taxable output service provided by the appellant and they did not qualify for the cre .....

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..... ded under Section 68(2) of the Finance Act, 1994 and they were paying such taxes accordingly. The appellant was taking credit of tax paid on various services like advertisement, courier hire charges, courier charges, training expenses, printing charges, recruitment expenses, professional and service charges, exhibition charges, annual maintenance charges etc., in relation to the life insurance ser .....

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..... the stage before Commissioner (Appeals), they deposited the entire amount of credit denied. Commissioner (Appeals) confirmed the demand and interest and dropped the penalty. Subsequently, the appellant had paid the interest also on 30-4-2005. Thereafter, the appellant filed this appeal before the Tribunal, arguing that they qualify for the Cenvat credit which they had taken. 2. I have heard the .....

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