2013 (10) TMI 1483

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....Shri Ganesh Haavanur, Additional Commissioner (AR), for the Respondent. ORDER [Order per : B.S.V. Murthy, Member (T)]. - Cenvat credit availed amount to Rs. 1,42,98,722/- during the period from 2006-07 to 2010 to 2011 has been demanded with interest and penalties under Finance Act, 1994 have been imposed. 2. The learned counsel submits that credit of service tax paid on group insurance pre....

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....dia Pvt. Ltd. [2012-TIOL-954-HC-AP-ST = 2014 (33) S.T.R. 129 (A.P.)] wherein the Hon'ble High Court upheld the decision taken by the Tribunal taking the view that Cenvat credit is admissible. Moreover, the Hon'ble High Court of Karnataka in the case of Stanzen Toyotetsu India (P) Ltd. [2011 (23) S.T.R. 444 (Kar.)] also took the same view. We find ourselves in agreement with the submissions. Theref....