https://www.taxtmi.com/caselaws?id=755251 The Tribunal ruled in favor of the appellant, setting aside the impugned order. It determined that the product liability insurance policy, covering financial risks during manufacturing, qualified as an 'input service' under Rule 2(l) of the CCR, 2004. The Tribunal emphasized that such insurance was integral to the manufacturing process, allowing the appellant to avail CENVAT credit on the service tax paid. The decision aligned with previous judgments, granting the appellant eligibility for consequential relief as per the law. en-us Mon, 08 Jul 2024 00:00:00 +0530 Wed, 10 Jul 2024 08:00:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755251 The Tribunal ruled in favor of the appellant, setting aside the impugned order. It determined that the product liability insurance policy, covering financial risks during manufacturing, qualified as an 'input service' under Rule 2(l) of the CCR, 2004. The Tribunal emphasized that such insurance was integral to the manufacturing process, allowing the appellant to avail CENVAT credit on the service tax paid. The decision aligned with previous judgments, granting the appellant eligibility for consequential relief as per the law. Case-Laws Central Excise Mon, 08 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755251