https://www.taxtmi.com/caselaws?id=751643 CESTAT NEW DELHI partially allowed the appeal concerning service tax disputes. The tribunal set aside demands for Cenvat credit disallowance on medical insurance and interest on late payment of service tax from Associated Enterprise, ruling the amendment was prospective only. However, it upheld liability for service tax on imported professional indemnity insurance services. The tribunal remanded matters regarding Cenvat credit reversal calculations and legal fee taxation to the Commissioner for factual verification and proper determination. All penalties under section 80 of the Finance Act were set aside given the favorable findings on most demands. en-us Fri, 19 Apr 2024 00:00:00 +0530 Mon, 22 Apr 2024 09:08:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751643 CESTAT NEW DELHI partially allowed the appeal concerning service tax disputes. The tribunal set aside demands for Cenvat credit disallowance on medical insurance and interest on late payment of service tax from Associated Enterprise, ruling the amendment was prospective only. However, it upheld liability for service tax on imported professional indemnity insurance services. The tribunal remanded matters regarding Cenvat credit reversal calculations and legal fee taxation to the Commissioner for factual verification and proper determination. All penalties under section 80 of the Finance Act were set aside given the favorable findings on most demands. Case-Laws Service Tax Fri, 19 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751643