https://www.taxtmi.com/caselaws?id=380989 The Tribunal confirmed the denial of Cenvat credit on the Medi-claim Policy for employees and Group Personal Accident Insurance Policy amounting to Rs. 8,37,191. The penalty of Rs. 83,000 imposed under Rule 15(1) of the Cenvat Credit Rules, 2004 was set aside. The appellant was held liable to pay the denied amount, but the penalty was deemed unjustified due to the interpretative nature of the issue. The appeal was dismissed, and the decision was pronounced on 31/05/2019. en-us Fri, 31 May 2019 00:00:00 +0530 Mon, 03 Jun 2019 09:38:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380989 The Tribunal confirmed the denial of Cenvat credit on the Medi-claim Policy for employees and Group Personal Accident Insurance Policy amounting to Rs. 8,37,191. The penalty of Rs. 83,000 imposed under Rule 15(1) of the Cenvat Credit Rules, 2004 was set aside. The appellant was held liable to pay the denied amount, but the penalty was deemed unjustified due to the interpretative nature of the issue. The appeal was dismissed, and the decision was pronounced on 31/05/2019. Case-Laws Central Excise Fri, 31 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380989