TaxTMI 
TaxTMI 
2013 (10) TMI 249
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....DER Per Pradip Kumar Das: The applicant is a Schedule Bank, which gives various facilities like ATM facility, payment through internet, credit card services etc. The debit cards issued by the applicant bank can be used in the ATMs installed by other banks. Similar, is the case of credit cards and such payments are also made in the case of internet-based payments. When such payments made are ....
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.... of the view that such Cenvat Credit taken is not proper. The reason shown in the Show Cause Notice is that the credit availed by Karur Vysya Bank on the strength of the statement provided by NPCI did not contain particulars such as name and address of the persons providing the service and persons receiving the service, description of the service rendered and the signature of the authorised person....
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....ant for the applicant in his preliminary submission pointed out that the reason given for confirmation in the adjudication order is not the reason raised in the Show Cause Notice. He further draws the attention of the Bench to the proviso under Rule 41 of Service Tax Rules, 1994, which gives certain relaxations in respect of documents based on which credit can be taken by a banking company or a no....
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....ion set up for the purpose, the purpose will be defeated at least to some extent by excess paper work which is dispatched back to each participating banks. He submits that since no loss has been caused to revenue, the appeal should be admitted without any pre-deposit. 3. Opposing the prayer, the learned Authorised Representative for Revenue submits that the essential condition of Rule 9 of Cenv....