https://www.taxtmi.com/caselaws?id=251794 The tribunal ruled in favor of the appellant, a Public Sector Bank, regarding the liability of service tax on interest received from bill discounting services. The interest from bill discounting was deemed exempt from service tax under Notification No. 29/2004-ST. However, the issue of CENVAT credit reversal was remanded for further determination based on additional evidence regarding the disclosure of facts in the appellant's returns. en-us Thu, 25 Sep 2014 00:00:00 +0530 Sat, 17 Oct 2015 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251794 The tribunal ruled in favor of the appellant, a Public Sector Bank, regarding the liability of service tax on interest received from bill discounting services. The interest from bill discounting was deemed exempt from service tax under Notification No. 29/2004-ST. However, the issue of CENVAT credit reversal was remanded for further determination based on additional evidence regarding the disclosure of facts in the appellant's returns. Case-Laws Service Tax Thu, 25 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251794