Deletion of denial of service tax credit due to credit eligibility in favour of Tata AIG Insurance
The Mumbai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) granted relief to the Tata AIG by quashing the denial of service tax credit of approximately 7 crores on the grounds of CENVAT credit eligibility. Tata AIG General Insurance Co. Ltd, the appellant assessee was engaged in the business of providing general…
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