https://www.taxtmi.com/caselaws?id=437999 The tribunal allowed the appeal, setting aside the demand for Cenvat credit reversal, interest, and penalties. It concluded that the activities of subscription and redemption of mutual fund units do not qualify as 'Trading of Securities' and are not exempted services under the Cenvat Credit Rules, 2004. en-us Fri, 13 Jan 2023 00:00:00 +0530 Fri, 19 May 2023 22:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437999 The tribunal allowed the appeal, setting aside the demand for Cenvat credit reversal, interest, and penalties. It concluded that the activities of subscription and redemption of mutual fund units do not qualify as 'Trading of Securities' and are not exempted services under the Cenvat Credit Rules, 2004. Case-Laws Service Tax Fri, 13 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437999