https://www.taxtmi.com/caselaws?id=423698 The Tribunal allowed the appeals, overturning the decision that disallowed the appellant-bank from availing credit for Service Tax paid on deposit insurance services provided by DICGC. The Tribunal held that the credit was indeed eligible based on legal precedents and interpretations, setting aside the demand, interest, and penalties imposed. This judgment clarified the eligibility of the appellant-bank to claim such credits, emphasizing compliance with tax laws and regulations. en-us Fri, 10 Jun 2022 00:00:00 +0530 Mon, 13 Jun 2022 08:42:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423698 The Tribunal allowed the appeals, overturning the decision that disallowed the appellant-bank from availing credit for Service Tax paid on deposit insurance services provided by DICGC. The Tribunal held that the credit was indeed eligible based on legal precedents and interpretations, setting aside the demand, interest, and penalties imposed. This judgment clarified the eligibility of the appellant-bank to claim such credits, emphasizing compliance with tax laws and regulations. Case-Laws Service Tax Fri, 10 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423698