https://www.taxtmi.com/caselaws?id=374626 The case involved a dispute regarding the eligibility of credit on Product Liability Insurance for manufacturing brake linings. The appellants sought Cenvat Credit on the insurance, which the department disallowed. The Tribunal ruled in favor of the assessee, emphasizing the direct link between the insurance and the manufacturing process. The judgment stressed the importance of understanding the purpose of insurance in manufacturing activities to support credit claims successfully. The impugned order disallowing the credit was set aside, and the appeal was allowed with any consequential reliefs. en-us Tue, 13 Nov 2018 00:00:00 +0530 Wed, 06 Feb 2019 07:21:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374626 The case involved a dispute regarding the eligibility of credit on Product Liability Insurance for manufacturing brake linings. The appellants sought Cenvat Credit on the insurance, which the department disallowed. The Tribunal ruled in favor of the assessee, emphasizing the direct link between the insurance and the manufacturing process. The judgment stressed the importance of understanding the purpose of insurance in manufacturing activities to support credit claims successfully. The impugned order disallowing the credit was set aside, and the appeal was allowed with any consequential reliefs. Case-Laws Central Excise Tue, 13 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374626