https://www.taxtmi.com/caselaws?id=370471 The Tribunal allowed the appeal filed by the appellant, holding that they were eligible for Cenvat Credit on "product liability insurance" and "product recall liability insurance." The insurances were deemed to cover manufacturing-related risks, including defects in the products, and were considered essential for business protection, marketability, and quality assurance. The Tribunal found that the insurances addressed financial risks for the manufacturer, supporting their decision to grant Cenvat Credit for these input services. en-us Wed, 03 Oct 2018 00:00:00 +0530 Mon, 17 Feb 2020 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370471 The Tribunal allowed the appeal filed by the appellant, holding that they were eligible for Cenvat Credit on "product liability insurance" and "product recall liability insurance." The insurances were deemed to cover manufacturing-related risks, including defects in the products, and were considered essential for business protection, marketability, and quality assurance. The Tribunal found that the insurances addressed financial risks for the manufacturer, supporting their decision to grant Cenvat Credit for these input services. Case-Laws Central Excise Wed, 03 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370471