Service availed in relation to business of manufacturing or providing output service is entitled to input service credit

CESTAT, CHENNAI BENCH City Union Bank Ltd. versus Commissioner of Central Excise & Service Tax, Trichy FINAL ORDER NO. 908 OF 2012 appeal no. ST/479 of 2011 AUGUST  30, 2012 ORDER 1. The appellants are challenging the impugned order wherein input credit of service tax availed for the Share Transfer Agent service was denied to them. 2. Heard both sides and perused the case records. 3. The appellant Bank is a Public Limited company and registered with various Stock Exchanges. During the course of their activities, their company was registered with various Stock Exchanges a...