CENVAT credit of Service Tax paid for Insurance Service received from the DICGC can be availed by Banks for rendering Output Services: CESTAT [Read Order]

The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Bangalore Bench held that the CENVAT credit of service tax paid for insurance service received from the Deposit Insurance and Credit Guarantee Corporation (DICGC) can be availed by banks for rendering “output services”. The issue involved in all these appeals filed is whether the assessee banks are […]

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