https://www.taxtmi.com/caselaws?id=235831 The court ruled in favor of the Appellant, a manufacturer of Iron Castings, regarding the eligibility of Cenvat Credit on service tax paid for insurance of company-owned vehicles used by officials for commuting and work. The judge determined that the insurance of such vehicles qualified for Cenvat Credit as they facilitated business-related activities, rather than being solely for welfare purposes. Drawing from relevant Tribunal judgments, the court concluded that the denial of Cenvat Credit was unsustainable. As a result, the order denying the credit was set aside, and the appeal was allowed. en-us Mon, 03 Jun 2013 00:00:00 +0530 Wed, 30 Apr 2014 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235831 The court ruled in favor of the Appellant, a manufacturer of Iron Castings, regarding the eligibility of Cenvat Credit on service tax paid for insurance of company-owned vehicles used by officials for commuting and work. The judge determined that the insurance of such vehicles qualified for Cenvat Credit as they facilitated business-related activities, rather than being solely for welfare purposes. Drawing from relevant Tribunal judgments, the court concluded that the denial of Cenvat Credit was unsustainable. As a result, the order denying the credit was set aside, and the appeal was allowed. Case-Laws Central Excise Mon, 03 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235831