The Karnataka High Court has upheld the eligibility of banks to avail CENVAT credit on service tax paid towards Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance premium, holding that the issue is no longer res integrain view of earlier judgments of the Kerala and Bombay High Courts. The bench of Justice S.G. Pandit and…
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Karnataka HC Upholds Banks’ CENVAT Credit on DICGC Insurance Premium
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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