https://www.taxtmi.com/caselaws?id=366100 The Tribunal overturned the disallowance of CENVAT credit on insurance services in the case. The appellant successfully argued that the insurance policies, including fire, plant, machinery, and stock insurance, were directly related to manufacturing activities. The Tribunal found that the comprehensive insurance coverage, which also included marine cargo and office package policy, was essential for business operations. It rejected the department's contention that certain aspects of the insurance were unrelated to manufacturing activities. As a result, the appeal was allowed, and the credit denial was set aside, emphasizing the importance of establishing a connection between services and business operations for CENVAT credit eligibility. en-us Tue, 05 Jun 2018 00:00:00 +0530 Thu, 30 Aug 2018 06:17:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366100 The Tribunal overturned the disallowance of CENVAT credit on insurance services in the case. The appellant successfully argued that the insurance policies, including fire, plant, machinery, and stock insurance, were directly related to manufacturing activities. The Tribunal found that the comprehensive insurance coverage, which also included marine cargo and office package policy, was essential for business operations. It rejected the department's contention that certain aspects of the insurance were unrelated to manufacturing activities. As a result, the appeal was allowed, and the credit denial was set aside, emphasizing the importance of establishing a connection between services and business operations for CENVAT credit eligibility. Case-Laws Central Excise Tue, 05 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366100