https://www.taxtmi.com/caselaws?id=370685 The appellant, a manufacturer of automotive products, availed CENVAT Credit for service tax paid on Product Liability insurance. Despite a Show Cause Notice claiming the credit as ineligible, the Tribunal allowed the appeal citing a previous case where a similar issue was decided in favor of the appellant. Additionally, the Tribunal also allowed the appeal regarding the eligibility of CENVAT Credit on service tax paid on Director Sitting Fees, following a precedent where such fees were deemed eligible for credit. The decision underscores the significance of legal precedents in determining CENVAT Credit eligibility and the need for consistency in interpreting tax laws. en-us Mon, 17 Sep 2018 00:00:00 +0530 Thu, 22 Nov 2018 07:01:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370685 The appellant, a manufacturer of automotive products, availed CENVAT Credit for service tax paid on Product Liability insurance. Despite a Show Cause Notice claiming the credit as ineligible, the Tribunal allowed the appeal citing a previous case where a similar issue was decided in favor of the appellant. Additionally, the Tribunal also allowed the appeal regarding the eligibility of CENVAT Credit on service tax paid on Director Sitting Fees, following a precedent where such fees were deemed eligible for credit. The decision underscores the significance of legal precedents in determining CENVAT Credit eligibility and the need for consistency in interpreting tax laws. Case-Laws Central Excise Mon, 17 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370685