BNY Mellon Technology Pvt. Ltd. Vs. CCE - CESTAT

NASSCOM Membership helps the appellant to be updated with the changed in the market. The services of such association help the appellant to know the trends in the market as well as legal position with regard to the output services provided by the appellant. Hence input tax credit is allowed.

Directors/Officers Liability Policy is an insurance policy for indemnification of loss due to wrong act or wrong decision of the directors and officers. Input tax credit is allowed.