https://www.taxtmi.com/caselaws?id=765461 CESTAT New Delhi upheld disallowance of CENVAT credit on transportation charges and differential insurance amount. Appellant wrongly availed credit on service tax for transportation and failed to reverse Rs. 11,793 credit on differential insurance proceeds of Rs. 76,730. Tribunal confirmed demand for reversal of credit including labour cost component in insurance claim. Extended limitation period justified due to wilful suppression of facts. Mandatory penalty under section 11AC upheld for deliberate evasion of duty liability through non-disclosure in ER-1 returns. Appeal allowed in part. en-us Fri, 31 Jan 2025 00:00:00 +0530 Sat, 01 Feb 2025 08:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765461 CESTAT New Delhi upheld disallowance of CENVAT credit on transportation charges and differential insurance amount. Appellant wrongly availed credit on service tax for transportation and failed to reverse Rs. 11,793 credit on differential insurance proceeds of Rs. 76,730. Tribunal confirmed demand for reversal of credit including labour cost component in insurance claim. Extended limitation period justified due to wilful suppression of facts. Mandatory penalty under section 11AC upheld for deliberate evasion of duty liability through non-disclosure in ER-1 returns. Appeal allowed in part. Case-Laws Central Excise Fri, 31 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765461