Internal audit services are eligible for input service credit

The CESTAT, Ahmedabad Bench held that internal audit services received from Chartered Accountant for audit of day-to-day operations; and advertisement services by way of hoardings are eligible for input service credit.

Essar Oil Ltd. v. Commissioner of Central Excise, Customs & Service Tax, Rajkot.[2016] 69 taxmann.com 102.