CUSTOMS, EXCISE & SERVICE TAX APPELLATE TRIBUNAL NEW DELHI PRINCIPAL BENCH, COURT NO. 4 SERVICE TAX APPEAL NO. 50091 OF 2020 [Arising out of Order in Appeal No. 869(CRM) ST/JDR/ 2019 dated 24.10.2019 passed by the Commissioner (Appeals) Central Excise & CGST.

Jodhpur]

M/S HRIDAY CREDIT CO OPERATIVE SOCIETY .....APPELLANT LTD

11-B, Vinayak-B, Complex Durga Nursery Road, Udaipur (Raj.)

Vs.

THE COMMISSIONER, Office of the Commissioner, .....RESPONDENT Central Goods and Service Tax, Commissioenrate

142-B, Sector-11, Hiran Magri, Udaipur Appearance:

Shri B.L. Narasimhan and Shri Shagun Arora and Shri Srishti Yadav, Advocates for the Appellant Shri Aejaz Ahmad, Authorised Representative for the Respondent CORAM:

HON'BLE DR. RACHNA GUPTA, MEMBER ( JUDICIAL )

HON'BLE MR. P. V. SUBBA RAO, MEMBER ( TECHNICAL )

FINAL ORDER NO. 50915 /2026 DATE OF HEARING/DECISION : 21/04/2026 DR. RACHNA GUPTA

1. M/s Hriday Credit Co-operative Society Ltd (the appellant herein) is registered with service tax department being engaged in providing banking and financial services. During the course of audit of records of the appellant, department observed that the assessee is procuring Group Medical Insurance Policy for thei