https://www.taxtmi.com/caselaws?id=208000 The court upheld the Commissioner (Appeals) order allowing CENVAT credit on insurance services for a cement manufacturer. The judge determined that insuring plant and machinery against disruptions and profit loss from perils like fire and riots falls under "activities relating to business" as per the CENVAT Credit Rules. The insurance policy covering loss of profit during production stoppages due to machinery damages was considered a precautionary measure for safeguarding the business financially. The department's appeal was rejected, and the Commissioner's decision was upheld. en-us Fri, 04 Feb 2011 00:00:00 +0530 Tue, 29 Aug 2017 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208000 The court upheld the Commissioner (Appeals) order allowing CENVAT credit on insurance services for a cement manufacturer. The judge determined that insuring plant and machinery against disruptions and profit loss from perils like fire and riots falls under "activities relating to business" as per the CENVAT Credit Rules. The insurance policy covering loss of profit during production stoppages due to machinery damages was considered a precautionary measure for safeguarding the business financially. The department's appeal was rejected, and the Commissioner's decision was upheld. Case-Laws Service Tax Fri, 04 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208000