https://www.taxtmi.com/caselaws?id=251895 The SC/Tribunal allowed the bank's zonal audit office's appeal regarding Cenvat credit distribution. Despite lacking formal ISD registration, the office was deemed functionally equivalent to an input service distributor. The court recognized the practical reality of credit distribution through ST-3 returns and set aside the department's recovery and penalty order, effectively permitting credit allocation to branch offices. en-us Tue, 18 Jun 2013 00:00:00 +0530 Thu, 29 May 2025 11:42:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251895 The SC/Tribunal allowed the bank's zonal audit office's appeal regarding Cenvat credit distribution. Despite lacking formal ISD registration, the office was deemed functionally equivalent to an input service distributor. The court recognized the practical reality of credit distribution through ST-3 returns and set aside the department's recovery and penalty order, effectively permitting credit allocation to branch offices. Case-Laws Service Tax Tue, 18 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251895