CESTAT Allows Refund Claim of Approx. Rs. 158 Crore to Deposit Insurance & Credit Guarantee Corporation [Read Order]

By Shabna Rahim - On July 16, 2023 8:30 am - 2 mins read

CESTAT - CESTAT Allows Refund Claim - Refund Claim - CESTAT Allows Refund Claim of Approx. Rs. 158 Crore - Deposit Insurance & Credit Guarantee Corporation - Insurance & Credit Guarantee Corporation - Taxscan

The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed the refund claim of approximately rupees 158 crore to Deposit Insurance and Credit Guarantee Corporations. Deposit Insurance & Credit Guarantee Corporation, the respondent-assessee as a wholly owned subsidiary of Reserve Bank of India was established as the insurer of banks to…

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