Cooperative society deposits, member-interest TDS exemption and credit-facility deduction claims require verification through records and supporting e...
Customs jurisdiction over EPCG condition breaches survives export-obligation discharge certificates, requiring alleged fraud and misdeclaration to be ...
Contractual tolerance requires consideration; breach recoveries, qualifying public infrastructure services and road works escape service tax liability...
Personal hearing requirements in GST adjudication were satisfied by prior opportunities and written submissions; appellate limitation received writ-pe...
CESTAT Mumbai addressed CENVAT Credit issues on Rent-a-Cab services and insurance services u/s Rule 2(l) of Cenvat Credit Rules, 2004. Rent-a-Cab services were denied credit initially, but tribunal allowed it as the vehicles were used for output services. Motor vehicles used did not qualify as capital goods. Insurance services were deemed eligible as they were not for personal use or employee consumption. Tribunal cited precedent for insurance service credit. Services excluded post-amendment were listed, but insurance services were found eligible for credit. Impugned order partially allowed appeal for insurance services but denied for Rent-a-Cab services.
CESTAT Mumbai addressed CENVAT Credit issues on Rent-a-Cab services and insurance services u/s Rule 2(l) of Cenvat Credit Rules, 2004. Rent-a-Cab services were denied credit initially, but tribunal allowed it as the vehicles were used for output services. Motor vehicles used did not qualify as capital goods. Insurance services were deemed eligible as they were not for personal use or employee consumption. Tribunal cited precedent for insurance service credit. Services excluded post-amendment were listed, but insurance services were found eligible for credit. Impugned order partially allowed appeal for insurance services but denied for Rent-a-Cab services.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4788
Join Channel
TaxTMI 
