https://www.taxtmi.com/caselaws?id=447781 CESTAT Ahmedabad allowed the appeal and set aside the demand for recovery of CENVAT credit on general insurance services. The tribunal held that service tax paid on general insurance covering building, plant, machinery, equipment, computers, workmen compensation, group accident policy, and transit insurance is admissible as CENVAT credit. Following precedents from Karnataka HC and CESTAT New Delhi, the tribunal found these services directly or indirectly relate to manufacturing operations, as employers must comply with statutory obligations including ESI Act requirements. The issue was considered settled law (res integra) with consistent judicial decisions favoring credit eligibility. en-us Wed, 03 Jan 2024 00:00:00 +0530 Fri, 05 Jan 2024 08:45:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447781 CESTAT Ahmedabad allowed the appeal and set aside the demand for recovery of CENVAT credit on general insurance services. The tribunal held that service tax paid on general insurance covering building, plant, machinery, equipment, computers, workmen compensation, group accident policy, and transit insurance is admissible as CENVAT credit. Following precedents from Karnataka HC and CESTAT New Delhi, the tribunal found these services directly or indirectly relate to manufacturing operations, as employers must comply with statutory obligations including ESI Act requirements. The issue was considered settled law (res integra) with consistent judicial decisions favoring credit eligibility. Case-Laws Central Excise Wed, 03 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447781