https://www.taxtmi.com/caselaws?id=428176 The Tribunal partly allowed the appeal, overturning the disallowance of Cenvat Credit for insurance policies related to employees but upholding the disallowance for policies covering family members. The recovery of inadmissible input service credit was upheld, with the original authority directed to re-calculate the eligible credit. The penalty imposed was set aside due to lack of justification, and the invocation of the extended period of limitation was deemed unjustified. The matter was remanded for resolution within three months. en-us Mon, 12 Sep 2022 00:00:00 +0530 Mon, 26 Sep 2022 08:30:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428176 The Tribunal partly allowed the appeal, overturning the disallowance of Cenvat Credit for insurance policies related to employees but upholding the disallowance for policies covering family members. The recovery of inadmissible input service credit was upheld, with the original authority directed to re-calculate the eligible credit. The penalty imposed was set aside due to lack of justification, and the invocation of the extended period of limitation was deemed unjustified. The matter was remanded for resolution within three months. Case-Laws Central Excise Mon, 12 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428176