https://www.taxtmi.com/caselaws?id=219206 The Tribunal allowed the appeal, waiving the pre-deposit, and held that service tax paid on insurance for various services availed, including company-owned vehicles, finished goods inventory, transit insurance, and personal insurance, is eligible for Cenvat credit. The Tribunal emphasized the nexus of these services with manufacturing or business activities and concluded that insurance services contributing to risk management for manufacturing operations are eligible for credit under Rule 2(l) of the Cenvat Credit Rules, 2004. en-us Fri, 23 Mar 2012 00:00:00 +0530 Fri, 18 Jan 2013 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219206 The Tribunal allowed the appeal, waiving the pre-deposit, and held that service tax paid on insurance for various services availed, including company-owned vehicles, finished goods inventory, transit insurance, and personal insurance, is eligible for Cenvat credit. The Tribunal emphasized the nexus of these services with manufacturing or business activities and concluded that insurance services contributing to risk management for manufacturing operations are eligible for credit under Rule 2(l) of the Cenvat Credit Rules, 2004. Case-Laws Central Excise Fri, 23 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219206