A Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), allowed refund of unutilised CENVAT Credit as inputs were taken on export of services. The appellant company, M/s. Warburg Pincus India Pvt Ltd is engaged in the business of providing investment advisory service to its customers M/s. Warburg Pincus LLC, USA. The…
Source Taxscan
