Relief for TTK Prestige: CESTAT Allows CENVAT Credit on ISD Invoices for Business Related Services...

In a relief for TTK Prestige, CESTAT (Customs, Excise, and Service Tax Appellate Tribunal) allowed "CENVAT Credit on ISD (Input Service Distributor) invoices for business-related services." The tribunal ruled that TTK Prestige was eligible to claim CENVAT credit on services received through Input Service Distributor invoices, provided these services were used in relation to their manufacturing or business activities. This decision supports the seamless flow of credit in the GST regime, ensuring that businesses can avail credits on services centrally procured and distributed.