https://www.taxtmi.com/caselaws?id=349301 The Tribunal upheld the Commissioner (Appeals) decision, dismissing the Revenue's appeal regarding the rejection of a refund claim for professional indemnity insurance service under Rule 5 of Cenvat Credit Rules, 2004. The Tribunal found that the insurance service had a direct nexus with the output service provided by the appellant, as it safeguarded against negligence claims related to the service delivery. The decision, issued on 06.10.2017, emphasized the essential nature of professional indemnity insurance in ensuring the continuous delivery of the output service. en-us Fri, 06 Oct 2017 00:00:00 +0530 Sat, 18 Nov 2017 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349301 The Tribunal upheld the Commissioner (Appeals) decision, dismissing the Revenue's appeal regarding the rejection of a refund claim for professional indemnity insurance service under Rule 5 of Cenvat Credit Rules, 2004. The Tribunal found that the insurance service had a direct nexus with the output service provided by the appellant, as it safeguarded against negligence claims related to the service delivery. The decision, issued on 06.10.2017, emphasized the essential nature of professional indemnity insurance in ensuring the continuous delivery of the output service. Case-Laws Service Tax Fri, 06 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349301