Bank's Cenvat credit for insurance premium upheld as integral to banking business. The Appellate Tribunal CESTAT MUMBAI allowed Cenvat credit for service tax paid on insurance premium by a bank, as the insurance was integrally connected ...
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Bank's Cenvat credit for insurance premium upheld as integral to banking business.
The Appellate Tribunal CESTAT MUMBAI allowed Cenvat credit for service tax paid on insurance premium by a bank, as the insurance was integrally connected with the banking business to protect against risks in lending. The appeal was allowed.
The Appellate Tribunal CESTAT MUMBAI allowed Cenvat credit for service tax paid on insurance premium by a bank, as the insurance was integrally connected with the banking business to protect against risks in lending. The appeal was allowed.
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