https://www.taxtmi.com/highlights?id=72302 CENVAT Credit - input service - Deposit Insurance Service provided by Deposit Insurance and Credit Guarantee Corporation - nexus of such service with the actual performance of the banking service provided by the respondents/assessees - The services provided by the assessee are not falling within the negative list. Therefore, there is relatability on a hostile consideration of business in banking between the services availed and services rendered. - CESTAT rightly allowed the benefit of CENVAT credit - HC en-us Sat, 30 Sep 2023 08:26:48 +0530 Sat, 30 Sep 2023 08:26:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72302 CENVAT Credit - input service - Deposit Insurance Service provided by Deposit Insurance and Credit Guarantee Corporation - nexus of such service with the actual performance of the banking service provided by the respondents/assessees - The services provided by the assessee are not falling within the negative list. Therefore, there is relatability on a hostile consideration of business in banking between the services availed and services rendered. - CESTAT rightly allowed the benefit of CENVAT credit - HC Highlights Service Tax Sat, 30 Sep 2023 08:26:48 +0530 https://www.taxtmi.com/highlights?id=72302