Banks can avail CENVAT credit of Service Tax paid on Premium amount paid to Deposit Insurance Corporation: CESTAT [Read Order]

The Customs, Excise, Service Tax Appellate Tribunal (CESTAT) ruled that banks can avail CENVAT credit of the service tax paid by the banks on the premium amount paid to Deposit Insurance Corporation for the insurance service rendered by the Deposit Insurance Corporation to the banks. The service provided by the Deposit Insurance and Credit Guarantee […]

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