https://www.taxtmi.com/caselaws?id=125424 The Tribunal upheld the tax liability on charges for credit card services and operation of bank accounts during the relevant period. It deemed the demand for debit card transactions as sustainable and deferred the limitation issue for further review. Citibank was directed to make a pre-deposit of Rs. 1.5 crores from their Cenvat account, with waiver of pre-deposit and stay of recovery for the remaining dues pending appeal decision. en-us Thu, 30 Apr 2009 00:00:00 +0530 Thu, 11 Apr 2013 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125424 The Tribunal upheld the tax liability on charges for credit card services and operation of bank accounts during the relevant period. It deemed the demand for debit card transactions as sustainable and deferred the limitation issue for further review. Citibank was directed to make a pre-deposit of Rs. 1.5 crores from their Cenvat account, with waiver of pre-deposit and stay of recovery for the remaining dues pending appeal decision. Case-Laws Central Excise Thu, 30 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125424