https://www.taxtmi.com/caselaws?id=418294 The Tribunal ruled in favor of the appellant regarding Professional Indemnity Insurance (PII) and Group Mediclaim Insurance Policy, allowing credit for these services. However, credit for Travel Coupons was denied due to personal use. The Tribunal permitted credit for Expenses on EOY Awards and Budget Day Programme and Improper Documents. Regarding Non-levy Amount for Renting of Immovable Property Service, credit for April and May 2007 was inadmissible due to non-levy of service tax, but recovery demand was time-barred. The Tribunal upheld the extended period of limitation and granted immunity from penalties under Section 80 of the Finance Act, 1994. The matter was remanded for further computation of recoverable cenvet credit. en-us Mon, 31 Jan 2022 00:00:00 +0530 Fri, 08 Sep 2023 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418294 The Tribunal ruled in favor of the appellant regarding Professional Indemnity Insurance (PII) and Group Mediclaim Insurance Policy, allowing credit for these services. However, credit for Travel Coupons was denied due to personal use. The Tribunal permitted credit for Expenses on EOY Awards and Budget Day Programme and Improper Documents. Regarding Non-levy Amount for Renting of Immovable Property Service, credit for April and May 2007 was inadmissible due to non-levy of service tax, but recovery demand was time-barred. The Tribunal upheld the extended period of limitation and granted immunity from penalties under Section 80 of the Finance Act, 1994. The matter was remanded for further computation of recoverable cenvet credit. Case-Laws Service Tax Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418294