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2019 (2) TMI 583 - AT - Service TaxCENVAT Credit - input services - insurance deposits - case of Revenue is that insurance taken by the appellant is not input service as the same is not used in discharge of output service - Held that:- Revenue has no force in their argument since no banker will prefer to take risk against the financial services provided by not taking insurance. Moreover same is mandatory in terms of DICGE. And accordingly, they have taken the insurance cover which will definitely form the part of input service for the output service being rendered by them - credit allowed - appeal allowed - decided in favor of appellant.
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