https://www.taxtmi.com/caselaws?id=331601 Cenvat credit was treated as admissible on services used in connection with manufacture, depot and C&F operations when those services had a sufficient nexus with the business of manufacturing and sale, including testing, handling, commission, maintenance, courier, travel, catering and banking. Credit was also allowed on insurance services for plant, machinery, buildings, mining equipment, store material and company vehicles because such cover protected business assets used in manufacturing operations. Research and development services for developing new product varieties were likewise accepted as input services, even if the developed product did not ultimately reach the market. The governing principle was that services closely connected with manufacture, business protection and product development qualify for credit. en-us Thu, 02 Jun 2016 00:00:00 +0530 Sat, 18 Jun 2016 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331601 Cenvat credit was treated as admissible on services used in connection with manufacture, depot and C&F operations when those services had a sufficient nexus with the business of manufacturing and sale, including testing, handling, commission, maintenance, courier, travel, catering and banking. Credit was also allowed on insurance services for plant, machinery, buildings, mining equipment, store material and company vehicles because such cover protected business assets used in manufacturing operations. Research and development services for developing new product varieties were likewise accepted as input services, even if the developed product did not ultimately reach the market. The governing principle was that services closely connected with manufacture, business protection and product development qualify for credit. Case-Laws Central Excise Thu, 02 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331601