https://www.taxtmi.com/caselaws?id=242986 The Tribunal allowed the appellant, a bank, to claim CENVAT credit for Insurance Auxiliary Service as part of employee benefits, granting credit of approximately Rs. 3.45 crores. However, the credit for Real Estate Agent's Service and Event Management Service was denied as they were not deemed to be directly related to the bank's business activities. The Tribunal waived pre-deposit of dues and stayed recovery during the appeal process, considering the appellant's reversal of Rs. 1.62 crore sufficient for the hearing, with the total credit availed for the disputed services amounting to approximately Rs. 1.25 crore. en-us Tue, 10 Dec 2013 00:00:00 +0530 Fri, 24 Jan 2014 09:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242986 The Tribunal allowed the appellant, a bank, to claim CENVAT credit for Insurance Auxiliary Service as part of employee benefits, granting credit of approximately Rs. 3.45 crores. However, the credit for Real Estate Agent's Service and Event Management Service was denied as they were not deemed to be directly related to the bank's business activities. The Tribunal waived pre-deposit of dues and stayed recovery during the appeal process, considering the appellant's reversal of Rs. 1.62 crore sufficient for the hearing, with the total credit availed for the disputed services amounting to approximately Rs. 1.25 crore. Case-Laws Service Tax Tue, 10 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242986