CENVAT Credit Denied Due to Lack of Distinction Between Insurance for Company Assets and Employee Lives.

CENVAT Credit Denied Due to Lack of Distinction Between Insurance for Company Assets and Employee Lives. https://www.taxtmi.com/highlights?id=57687 CENVAT credit of Service Tax - Input service - General Insurance Service - the appellant has not been able to bifurcate the Insurance Service availed on the assets of the company and on the lives of the persons working in the said company. In the absence of clear bifurcation and lack of documentary evidence, the CENVAT credit on General Insurance Services is denied - credit denied. - AT en-us Thu, 22 Apr 2021 20:53:51 +0530 Thu, 22 Apr 2021 20:53:51 +0530 TaxTMI RSS Generator CENVAT Credit Denied Due to Lack of Distinction Between Insurance for Company Assets and Employee Lives. https://www.taxtmi.com/highlights?id=57687 CENVAT credit of Service Tax - Input service - General Insurance Service - the appellant has not been able to bifurcate the Insurance Service availed on the assets of the company and on the lives of the persons working in the said company. In the absence of clear bifurcation and lack of documentary evidence, the CENVAT credit on General Insurance Services is denied - credit denied. - AT Highlights Service Tax Thu, 22 Apr 2021 20:53:51 +0530 https://www.taxtmi.com/highlights?id=57687