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2023 (10) TMI 169 - CESTAT NEW DELHILevy of Service Tax - corporate guarantee for associate enterprise - appellant claims that it has not received any consideration from the associated enterprise for providing the corporate guarantee - HELD THAT:- This issue has been decided by the Supreme Court in COMMISSIONER OF CGST AND CENTRAL EXCISE VERSUS M/S EDELWEISS FINANCIAL SERVICES LTD. [2023 (4) TMI 170 - SC ORDER] where it was held that This was a case where the assessee had not received any consideration while providing corporate guarantee to its group companies. No effort was made on behalf of the Revenue to assail the above finding or to demonstrate that issuance of corporate guarantee to group companies without consideration would be a taxable service. In these circumstances, in view of such conclusive finding of both forums, there are no reason to admit this case. The order impugned in this appeal cannot be sustained - Appeal allowed.
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