https://www.taxtmi.com/caselaws?id=252068 The tribunal ruled in favor of the appellant, allowing CENVAT credit for various services except for Insurance service. The appellant's argument that disallowance was not in line with the law was supported by legal precedents. Despite the rejection of Insurance service credit due to lack of evidence, the tribunal decided in favor of the appellant without remanding the matter, influenced by the appellant's voluntary decision to forego rebate claims. The appellant's proposal to settle by paying a specific amount with interest was deemed reasonable, leading to the case's resolution without further liability for CENVAT credit or payment. en-us Mon, 21 Jul 2014 00:00:00 +0530 Thu, 09 Oct 2014 17:59:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252068 The tribunal ruled in favor of the appellant, allowing CENVAT credit for various services except for Insurance service. The appellant's argument that disallowance was not in line with the law was supported by legal precedents. Despite the rejection of Insurance service credit due to lack of evidence, the tribunal decided in favor of the appellant without remanding the matter, influenced by the appellant's voluntary decision to forego rebate claims. The appellant's proposal to settle by paying a specific amount with interest was deemed reasonable, leading to the case's resolution without further liability for CENVAT credit or payment. Case-Laws Service Tax Mon, 21 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252068