https://www.taxtmi.com/caselaws?id=235337 The Tribunal overturned the denial of Cenvat credit on service tax paid for insurance of employees, emphasizing the binding effect of High Court decisions on Revenue authorities. The Tribunal found that the Adjudicating Authority's expansion of the allegations to include insurance for family members was unfounded, as the appellant had only availed credit for insurance of company employees. Criticizing the Authority for not following the High Court decision, the Tribunal set aside the demand and penalty, granting relief to the appellant and stressing the importance of adherence to legal precedents in tax matters. en-us Fri, 05 Jul 2013 00:00:00 +0530 Sat, 20 Jul 2013 07:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235337 The Tribunal overturned the denial of Cenvat credit on service tax paid for insurance of employees, emphasizing the binding effect of High Court decisions on Revenue authorities. The Tribunal found that the Adjudicating Authority's expansion of the allegations to include insurance for family members was unfounded, as the appellant had only availed credit for insurance of company employees. Criticizing the Authority for not following the High Court decision, the Tribunal set aside the demand and penalty, granting relief to the appellant and stressing the importance of adherence to legal precedents in tax matters. Case-Laws Central Excise Fri, 05 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235337