Case Law Analysis
|Custom, Excise & Service Tax Tribunal
CENVAT Credit | Indirect Nexus to Output Services Qualifies as Input Services; Parent-Subsidiary Entities Distinct for Export of Services : CESTAT
CESTAT rules that input services with an indirect nexus to output services are eligible for CENVAT credit, and parent-subsidiary entities remain distinct legal persons for export of services, even across borders. The ruling impacts multinational corporations claiming tax credits on shared services and clarifies corporate distinctness under service tax law.
