https://www.taxtmi.com/caselaws?id=750853 CESTAT Chennai ruled on CENVAT credit eligibility for marine insurance premiums paid for software engineers. Revenue contended that post-April 2011 amendments excluded health/life insurance primarily for personal employee use from input service definition. The tribunal found this a mixed question of fact and law requiring verification. Commissioner (Appeals) remand for factual examination was upheld as the definition covers services used in business activities, not restricted to capital goods only. Extended limitation period and penalty were set aside as the dispute involved statutory interpretation without mis-declaration or evasion intent. Appeal disposed through remand. en-us Thu, 28 Mar 2024 00:00:00 +0530 Mon, 01 Apr 2024 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750853 CESTAT Chennai ruled on CENVAT credit eligibility for marine insurance premiums paid for software engineers. Revenue contended that post-April 2011 amendments excluded health/life insurance primarily for personal employee use from input service definition. The tribunal found this a mixed question of fact and law requiring verification. Commissioner (Appeals) remand for factual examination was upheld as the definition covers services used in business activities, not restricted to capital goods only. Extended limitation period and penalty were set aside as the dispute involved statutory interpretation without mis-declaration or evasion intent. Appeal disposed through remand. Case-Laws Service Tax Thu, 28 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750853