Service Tax Refund allowable on amount paid on Commission Charges for Credit Facility: CESTAT Rules in Favor of BOI [Read Order]
The tribunal held that the appellant is eligible for refund of service tax paid on the commission charges in respect of granting credit facility to M/s. Aban Singapore Pte. Ltd., subject to conducting verification
The Chennai Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) in a ruling in favour of Bank of India ( BOI ) has held that refund of service tax paid on commission charges for granting credit facility is Allowable subject to verification. The assessee is a corporate banking branch in Chennai….
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