https://www.taxtmi.com/caselaws?id=367713 The Tribunal allowed the appeal filed by a Special Purpose Vehicle Company challenging the denial of cenvat credit on general insurance services used for plant and machinery in business activities. It held that the exclusion clause '(BA)' under the Cenvat Credit Rules applied only to insurance services for motor vehicles, not for plant and machinery used in providing output services. The Tribunal emphasized that general insurance services related to business activities fell within the definition of input service, overturning the Revenue's decision. The appeal was partially allowed, with a small demand for service tax not pressed and no penalty imposed. en-us Fri, 14 Sep 2018 00:00:00 +0530 Tue, 25 Sep 2018 08:23:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367713 The Tribunal allowed the appeal filed by a Special Purpose Vehicle Company challenging the denial of cenvat credit on general insurance services used for plant and machinery in business activities. It held that the exclusion clause '(BA)' under the Cenvat Credit Rules applied only to insurance services for motor vehicles, not for plant and machinery used in providing output services. The Tribunal emphasized that general insurance services related to business activities fell within the definition of input service, overturning the Revenue's decision. The appeal was partially allowed, with a small demand for service tax not pressed and no penalty imposed. Case-Laws Service Tax Fri, 14 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367713