https://www.taxtmi.com/caselaws?id=433186 The Bombay High Court in Bank of Maharashtra vs Commissioner of CGST & Central Excise, Pune-II remanded the matter to the Tribunal for a fresh decision in line with the Larger Bench's ruling that banks can avail credit of service tax paid for insurance services provided by the Deposit Insurance Corporation. The Tribunal, following the South Indian Bank case, held that such service tax credit is permissible. As a result, the impugned order was set aside, and the appeal was allowed in favor of the banks. en-us Fri, 06 Jan 2023 00:00:00 +0530 Tue, 24 Jan 2023 10:10:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433186 The Bombay High Court in Bank of Maharashtra vs Commissioner of CGST & Central Excise, Pune-II remanded the matter to the Tribunal for a fresh decision in line with the Larger Bench's ruling that banks can avail credit of service tax paid for insurance services provided by the Deposit Insurance Corporation. The Tribunal, following the South Indian Bank case, held that such service tax credit is permissible. As a result, the impugned order was set aside, and the appeal was allowed in favor of the banks. Case-Laws Service Tax Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433186