Credit of service tax paid on insurance of car

[Guest]

Can we take the credit of service tax paid on insurance of car under cenvat credit rule.I am using the car for the purpose of my business/profession.Answer the issue assuming two situation. one i am a service provider and second when i am a manufacturer.

AI Summary

Cenvat Credit Eligibility Confirmed for Service Tax on Car Insurance Used in Business or Professional Activities A query was raised regarding the eligibility to claim Cenvat Credit for the service tax paid on car insurance when the car is used for business or professional purposes. The question considered two scenarios: one where the individual is a service provider and another where they are a manufacturer. The response indicated that Cenvat Credit could be availed in both situations, as long as the car is utilized for business purposes.