https://www.taxtmi.com/caselaws?id=339557 Cenvat credit was held admissible on insurance services connected with manufacturing business, including plant and machinery insurance, marine insurance, employee group insurance, and insurance of vehicles, laptops, cash and other assets, because the input service definition was read broadly to cover services integrally connected with business operations. Employee group insurance was also treated as eligible where it related to statutory welfare obligations linked to manufacturing activity. The attempted retrospective denial of credit through an amendment was rejected because the deletion was not shown to be merely clarificatory, and the contrary view was found inconsistent with binding precedent and judicial discipline. The denial of credit was therefore unsustainable. en-us Thu, 12 Jan 2017 00:00:00 +0530 Thu, 02 Mar 2017 07:56:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339557 Cenvat credit was held admissible on insurance services connected with manufacturing business, including plant and machinery insurance, marine insurance, employee group insurance, and insurance of vehicles, laptops, cash and other assets, because the input service definition was read broadly to cover services integrally connected with business operations. Employee group insurance was also treated as eligible where it related to statutory welfare obligations linked to manufacturing activity. The attempted retrospective denial of credit through an amendment was rejected because the deletion was not shown to be merely clarificatory, and the contrary view was found inconsistent with binding precedent and judicial discipline. The denial of credit was therefore unsustainable. Case-Laws Central Excise Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339557