2023 (5) TMI 137

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..... No. 1848/2018, C.A. No. 3015/2017 - -<br>Service Tax<br>S. RAVINDRA BHAT AND DIPANKAR DATTA, JJ. For the Appellant : Mr. N. Venkatraman, A.S.G., Mr. Mukesh Kumar Maroria, AOR, Mrs. Swarupama Chaturvedi, Adv., Mr. Vvv Pattabhai Ram, Adv., Mr. Santosh Kumar, Adv., Mr. Sanjay Kumar Tyagi, Adv. For the Respondent : Ms. Kavita Jha, AOR, Mr. Vishal Kumar, Adv., Mr. Shammi Kapoor, Adv., Mr. G. Sh....

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....ata Joshi, Adv., &nbsp;Ms. Astha Gumber, Adv. ORDER Delay condoned. Leave granted in Diary No. 7557/2022 and Diary No. 30965/2019. The question of law sought to be urged by the Commissioner of Service Tax in these appeals is whether the respondent-scheduled Banks are eligible to claim exemption from payment of service tax in accordance with notification 22/2006-ST dated 31.03.2006, on ....

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....in the Ministry of Finance, (Department of Revenue) No.7/2006-Service Tax dated the 1st March, 2006, except as respects things done or omitted to be done before such supersession, the Central Government, on being satisfied that it is necessary in the public interest so do do, hereby exempts the following taxable services from the whole of the service tax leviable thereon under section 66 of the sa....

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....tion 45 of the Reserve Bank of India Act, 1934 and also the other activities of the Scheduled Banks involving statutory functions on behalf of the Reserve Bank of India, were not taxable with regard to the terms of the notification. The opinion of the findings of the CESTAT are in accordance with the judgment of this Court in State of Madras vs. Cement Allocation Coordinating Organisations, 197....