https://www.taxtmi.com/caselaws?id=755050 A coordinate Bench view on CENVAT credit for insurance-related facilitation services was treated as binding, because the service provider had discharged service tax and the provider-side assessment was not disturbed. The Tribunal could not deny credit by recharacterising the transaction or reopen the same issue through a contrary view. Judicial discipline required adherence to the settled line of decisions, and a Member (Technical) was not justified in independently departing from it. The contrary opinion was therefore unsustainable, and the challenged prejudicial portion of the Tribunal order was set aside. en-us Fri, 24 May 2024 00:00:00 +0530 Thu, 04 Jul 2024 23:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755050 A coordinate Bench view on CENVAT credit for insurance-related facilitation services was treated as binding, because the service provider had discharged service tax and the provider-side assessment was not disturbed. The Tribunal could not deny credit by recharacterising the transaction or reopen the same issue through a contrary view. Judicial discipline required adherence to the settled line of decisions, and a Member (Technical) was not justified in independently departing from it. The contrary opinion was therefore unsustainable, and the challenged prejudicial portion of the Tribunal order was set aside. Case-Laws Service Tax Fri, 24 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755050