https://www.taxtmi.com/caselaws?id=399326 The appeals by banks challenging the disallowance of CENVAT credit for service tax paid to Deposit Insurance and Credit Guarantee Corporation post 01.04.2012 were successful. A larger bench of the CESTAT ruled that the service provided by the Corporation to banks constituted an "input service," enabling banks to claim CENVAT credit for the service tax paid. The impugned order was set aside, and all appeals were remanded for fresh decisions in accordance with the larger bench's ruling. The appeals were allowed with no costs, and the decision was to be digitally signed for further action. en-us Tue, 22 Sep 2020 00:00:00 +0530 Mon, 15 Feb 2021 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399326 The appeals by banks challenging the disallowance of CENVAT credit for service tax paid to Deposit Insurance and Credit Guarantee Corporation post 01.04.2012 were successful. A larger bench of the CESTAT ruled that the service provided by the Corporation to banks constituted an "input service," enabling banks to claim CENVAT credit for the service tax paid. The impugned order was set aside, and all appeals were remanded for fresh decisions in accordance with the larger bench's ruling. The appeals were allowed with no costs, and the decision was to be digitally signed for further action. Case-Laws Central Excise Tue, 22 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399326