TMI BlogCENVAT Credit - Input Services - the insurance service provided by the Deposit Insurance Corporation to...CENVAT Credit - Input Services - the insurance service provided by the Deposit Insurance Corporation to the banks is an “input service” and CENVAT credit of service tax paid for this service received by the banks from the Deposit Insurance Corporation can be availed by the banks for rendering ‘output services’. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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