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    <title>2013 (12) TMI 45 - CESTAT CHENNAI</title>
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    <description>The Tribunal ruled in favor of the appellant, a commercial bank, in a case concerning the taxability of providing safe vault services and interest on gold loans to artisans. The Tribunal held that the safe vault services were not subject to service tax on the margin between purchase and sale prices of gold coins and interpreted the exemption rule to cover interest on gold loans. The appellant was directed to make a pre-deposit for appeal admission, with the collection of dues stayed pending appeal disposal.</description>
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    <pubDate>Wed, 04 Sep 2013 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=240380</link>
      <description>The Tribunal ruled in favor of the appellant, a commercial bank, in a case concerning the taxability of providing safe vault services and interest on gold loans to artisans. The Tribunal held that the safe vault services were not subject to service tax on the margin between purchase and sale prices of gold coins and interpreted the exemption rule to cover interest on gold loans. The appellant was directed to make a pre-deposit for appeal admission, with the collection of dues stayed pending appeal disposal.</description>
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      <pubDate>Wed, 04 Sep 2013 00:00:00 +0530</pubDate>
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