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TMI Blog2019 (6) TMI 1534X X X X Extracts X X X X X X X X Extracts X X X X ..... fference of opinion - HELD THAT:- There is a need for bringing constituency in the matter in dispute by way of constitution of a Larger Bench. Hon ble President, CESTAT is requested to constitute a Larger Bench which may bring clarity to the following points of law : (i) Whether insurance premium paid by the Banking Institutions to DICGC to secure deposits of the customer comes within the definiti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... brought to the notice of this Bench that contradictory findings are given by Division Benches of CESTAT. In the case of DGB Bank Ltd. v. CCE, Commissioner of Service Tax-I, Mumbai [2017 (6) G.S.T.L. 479 (Tri. - Mum.)] = 2017-TIOL-2849-CESTAT-MUM. and Final Order No. 50877/2018, dated 9-3-2018, in case of M/s. Punjab National Bank v. Commissioner of Central Excise Service Tax, Bhopal = 2018-TIOL-1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aw : (i) Whether insurance premium paid by the Banking Institutions to DICGC to secure deposits of the customer comes within the definition of service for which Service Tax is to be paid by the Bank, which is not insuring its own asset but insuring the deposits of the customers. (ii) Whether Service Tax paid on insurance premium to DICGC for insuring deposits is eligible input credit for the B ..... X X X X Extracts X X X X X X X X Extracts X X X X
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