https://www.taxtmi.com/caselaws?id=352929 Cenvat credit on insurance services linked to vehicles and employees depended on whether the vehicles qualified as capital goods and whether the insurance was used primarily for employees' personal use or consumption. During the material period, input service coverage excluded services relating to motor vehicles that were not capital goods and also excluded life and health insurance used for personal consumption. As the lower authorities had not recorded conclusive findings on these foundational facts and had relied on precedent without independently determining them, denial of credit could not be sustained. The matter was remanded to the original adjudicating authority for fresh findings and a de novo decision. en-us Wed, 29 Nov 2017 00:00:00 +0530 Mon, 25 Dec 2017 08:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352929 Cenvat credit on insurance services linked to vehicles and employees depended on whether the vehicles qualified as capital goods and whether the insurance was used primarily for employees' personal use or consumption. During the material period, input service coverage excluded services relating to motor vehicles that were not capital goods and also excluded life and health insurance used for personal consumption. As the lower authorities had not recorded conclusive findings on these foundational facts and had relied on precedent without independently determining them, denial of credit could not be sustained. The matter was remanded to the original adjudicating authority for fresh findings and a de novo decision. Case-Laws Central Excise Wed, 29 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352929