https://www.taxtmi.com/caselaws?id=439009 CENVAT credit was held admissible for service tax paid on consultancy for a proposed co-generation plant, insurance of plant, machinery, equipment and stock, insurance of gratuity for employees, vehicle insurance, and subscription to the National Sugar Federation. The Tribunal found that consultancy was eligible because the service was received and taxed during the relevant period, even though the plant was not yet installed, and that insurance of essential plant and machinery had a direct nexus with manufacturing because such assets must be kept in working condition. The remaining disputed services were also accepted as sufficiently connected with the manufacturing activity, so the disallowance was set aside. en-us Wed, 03 May 2023 00:00:00 +0530 Thu, 15 Jun 2023 08:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439009 CENVAT credit was held admissible for service tax paid on consultancy for a proposed co-generation plant, insurance of plant, machinery, equipment and stock, insurance of gratuity for employees, vehicle insurance, and subscription to the National Sugar Federation. The Tribunal found that consultancy was eligible because the service was received and taxed during the relevant period, even though the plant was not yet installed, and that insurance of essential plant and machinery had a direct nexus with manufacturing because such assets must be kept in working condition. The remaining disputed services were also accepted as sufficiently connected with the manufacturing activity, so the disallowance was set aside. Case-Laws Central Excise Wed, 03 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439009