https://www.taxtmi.com/caselaws?id=261751 The tribunal allowed the appeal, emphasizing that Cenvat credit for Service Tax paid on transit insurance premium should not be denied if the insurance cover is inseparable from the risk it covers. The tribunal highlighted the distinction between insurance for transit risk and transport services, stating that denying the credit would contradict the Cenvat Credit Rules. The decision focused on the importance of recognizing the relevance of transit insurance in covering the risk associated with goods in transit. en-us Wed, 15 Oct 2014 00:00:00 +0530 Tue, 21 Jul 2015 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261751 The tribunal allowed the appeal, emphasizing that Cenvat credit for Service Tax paid on transit insurance premium should not be denied if the insurance cover is inseparable from the risk it covers. The tribunal highlighted the distinction between insurance for transit risk and transport services, stating that denying the credit would contradict the Cenvat Credit Rules. The decision focused on the importance of recognizing the relevance of transit insurance in covering the risk associated with goods in transit. Case-Laws Service Tax Wed, 15 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261751