https://www.taxtmi.com/caselaws?id=335567 The Tribunal allowed the appeal, holding that the Keyman Insurance Policy (KIP) qualified as an input service under the CENVAT Credit Rules, 2004. The Tribunal determined that the KIP served the company's financial interests by protecting against losses due to key personnel's death, making it essential for the company's operations. Consequently, the Tribunal set aside the disallowance of credit, confirming the appellant's eligibility for credit and granting consequential reliefs. en-us Mon, 26 Sep 2016 00:00:00 +0530 Sat, 08 Apr 2017 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335567 The Tribunal allowed the appeal, holding that the Keyman Insurance Policy (KIP) qualified as an input service under the CENVAT Credit Rules, 2004. The Tribunal determined that the KIP served the company's financial interests by protecting against losses due to key personnel's death, making it essential for the company's operations. Consequently, the Tribunal set aside the disallowance of credit, confirming the appellant's eligibility for credit and granting consequential reliefs. Case-Laws Central Excise Mon, 26 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335567