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![CESTAT grants relief to Citizen Credit Co-Op Bank: Cenvat Credit Allowed on DICGC Insurance Premium as Input Service in banking operations [Read Order] CESTAT grants relief to Citizen Credit Co-Op Bank: Cenvat Credit Allowed on DICGC Insurance Premium as Input Service in banking operations [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CESTAT-CESTAT-grants-relief-Cenvat-Credit-DICGC-DICGC-Insurance-Premium-Input-Service-in-banking-operations-Customs-Excise-Customs-Exciseand-Service-Tax-Appellate-Tribunal-Taxscan.jpg)
CESTAT grants relief to Citizen Credit Co-Op Bank: Cenvat Credit Allowed on DICGC Insurance Premium as Input Service in banking operations [Read Order]
In a recent ruling, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has ruled that the bank can claim Cenvat credit on the service...


![CENVAT credit of Service Tax paid for Insurance Service received from the DICGC can be availed by Banks for rendering Output Services: CESTAT [Read Order] CENVAT credit of Service Tax paid for Insurance Service received from the DICGC can be availed by Banks for rendering Output Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/CENVAT-credit-Service-Tax-Insurance-Service-DICGC-Banks-rendering-Output-Services-CESTAT-Taxscan.jpg)