https://www.taxtmi.com/caselaws?id=350160 The Tribunal upheld the Commissioner (Appeals) order allowing the refund of Service Tax on professional indemnity insurance service for the period April 2014 to June 2015. It was determined that the insurance service had a direct nexus with providing consultancy and professional services, safeguarding against legal costs. The Tribunal emphasized the insurance policy's role in insuring business risks and its connection to output service, concluding that the insurance service was essential for providing output service. As such, the Tribunal dismissed the Revenue's appeal, affirming the refund of Service Tax on the professional indemnity insurance service. en-us Thu, 26 Oct 2017 00:00:00 +0530 Wed, 01 Nov 2017 11:28:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350160 The Tribunal upheld the Commissioner (Appeals) order allowing the refund of Service Tax on professional indemnity insurance service for the period April 2014 to June 2015. It was determined that the insurance service had a direct nexus with providing consultancy and professional services, safeguarding against legal costs. The Tribunal emphasized the insurance policy's role in insuring business risks and its connection to output service, concluding that the insurance service was essential for providing output service. As such, the Tribunal dismissed the Revenue's appeal, affirming the refund of Service Tax on the professional indemnity insurance service. Case-Laws Service Tax Thu, 26 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350160