https://www.taxtmi.com/caselaws?id=412754 The Tribunal partly allowed the appeal by reducing the penalty to 25%, emphasizing compliance with the amended Cenvat Credit Rules post-2011 amendment and the importance of timely payments in penalty considerations. The Tribunal found the Appellant's interpretation misleading and invoked the extended period due to misrepresentation and suppression. The Appellants were not eligible to avail Cenvat Credit on Group Medical insurance Policy for employees and their family members from 1.4.2011 onwards under Rule 2(l) of Cenvat Credit Rules, 2004, as insurance was excluded from 'input service' post-amendment in 2011. en-us Thu, 23 Sep 2021 00:00:00 +0530 Thu, 16 Jun 2022 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412754 The Tribunal partly allowed the appeal by reducing the penalty to 25%, emphasizing compliance with the amended Cenvat Credit Rules post-2011 amendment and the importance of timely payments in penalty considerations. The Tribunal found the Appellant's interpretation misleading and invoked the extended period due to misrepresentation and suppression. The Appellants were not eligible to avail Cenvat Credit on Group Medical insurance Policy for employees and their family members from 1.4.2011 onwards under Rule 2(l) of Cenvat Credit Rules, 2004, as insurance was excluded from 'input service' post-amendment in 2011. Case-Laws Central Excise Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412754