https://www.taxtmi.com/caselaws?id=381117 The Tribunal allowed the appeal, granting the appellant credit for service tax paid on insurance services related to securing plant and machinery. The Tribunal emphasized the integral role of insurance in safeguarding business operations, highlighting that insurance costs should be considered part of the cost of production and classified as input services. The decision was supported by precedents and a thorough analysis of the necessity and integration of insurance services in the manufacturing process, ultimately leading to the allowance of the credit for the appellant. en-us Mon, 03 Jun 2019 00:00:00 +0530 Wed, 05 Jun 2019 08:05:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381117 The Tribunal allowed the appeal, granting the appellant credit for service tax paid on insurance services related to securing plant and machinery. The Tribunal emphasized the integral role of insurance in safeguarding business operations, highlighting that insurance costs should be considered part of the cost of production and classified as input services. The decision was supported by precedents and a thorough analysis of the necessity and integration of insurance services in the manufacturing process, ultimately leading to the allowance of the credit for the appellant. Case-Laws Central Excise Mon, 03 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381117