https://www.taxtmi.com/caselaws?id=790159 Cenvat credit was treated as admissible on services having a direct or indirect nexus with manufacturing business operations. Insurance services covering raw materials, finished and semi-finished goods, stores, capital goods and factory risks were held to qualify as input services because they protected business assets and production-related risks. Professional and consultancy services used for foreign exchange hedging were also treated as input services, as they managed currency exposure arising from import and export activities. Employee training services, and travel-related services linked to business use, were likewise regarded as input services because they supported productivity and efficiency in manufacture. en-us Mon, 20 Apr 2026 00:00:00 +0530 Tue, 21 Apr 2026 08:48:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790159 Cenvat credit was treated as admissible on services having a direct or indirect nexus with manufacturing business operations. Insurance services covering raw materials, finished and semi-finished goods, stores, capital goods and factory risks were held to qualify as input services because they protected business assets and production-related risks. Professional and consultancy services used for foreign exchange hedging were also treated as input services, as they managed currency exposure arising from import and export activities. Employee training services, and travel-related services linked to business use, were likewise regarded as input services because they supported productivity and efficiency in manufacture. Case-Laws Central Excise Mon, 20 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790159