https://www.taxtmi.com/caselaws?id=359194 The appeal by M/s. Mercedes-Benz India Pvt. Ltd. against the denial of Cenvat Credit on insurance services for family members of employees was partly allowed by the Appellate Tribunal CESTAT Mumbai. The Tribunal upheld the denial of credit for family members, citing that such insurance is considered a perquisite and not directly related to business activities. However, the penalty imposed was set aside due to a genuine doubt in the appellant's interpretation of the law. The judgment was pronounced on 04/04/2018 by Mr. Raju, Member (Technical). en-us Wed, 04 Apr 2018 00:00:00 +0530 Tue, 19 Mar 2019 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359194 The appeal by M/s. Mercedes-Benz India Pvt. Ltd. against the denial of Cenvat Credit on insurance services for family members of employees was partly allowed by the Appellate Tribunal CESTAT Mumbai. The Tribunal upheld the denial of credit for family members, citing that such insurance is considered a perquisite and not directly related to business activities. However, the penalty imposed was set aside due to a genuine doubt in the appellant's interpretation of the law. The judgment was pronounced on 04/04/2018 by Mr. Raju, Member (Technical). Case-Laws Central Excise Wed, 04 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359194