2014 (8) TMI 298

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..... Madhav Rao, Consultant For the Respondent : Mr. Ganesh Haavanur, A.R. PER  : B S Murthy Even though the matter has been listed only for considering the stay application and requirement of waiver of pre-deposit, after hearing both sides, we found that the matter can be finally decided at this stage itself. Since both sides had no objection, requirement of predeposit is waived and ma....

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....l as reinsurance are subject to service tax. He submits that in paragraph 4 of Circular No. 120(a)/2/ 2010-S.T. dated 16.4.2010, it has been stated that 'In fact, it is the reinsurer which provides insurance service to the insurance company.' In view of the above, he submits that availment of CENVAT credit by the appellant is in order. 4. The learned A.R. would reiterate the arguments a....