https://www.taxtmi.com/caselaws?id=375330 The Tribunal held that the service tax paid on deposit insurance premiums to DICGC does not qualify as an "input service," making the credit availed on such tax inadmissible. Rule 6(3B) does not allow claiming credit on ineligible services. Despite this, no penalties were imposed due to the interpretative nature of the issue. The appeals were disposed of accordingly, with the impugned orders modified to set aside the penalties. en-us Tue, 12 Feb 2019 00:00:00 +0530 Wed, 22 Jan 2020 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375330 The Tribunal held that the service tax paid on deposit insurance premiums to DICGC does not qualify as an "input service," making the credit availed on such tax inadmissible. Rule 6(3B) does not allow claiming credit on ineligible services. Despite this, no penalties were imposed due to the interpretative nature of the issue. The appeals were disposed of accordingly, with the impugned orders modified to set aside the penalties. Case-Laws Service Tax Tue, 12 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375330