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Appellant Can Claim CENVAT Credit for Reinsurance Services from Indian Reinsurers Despite 2011 Rule 2(l) Amendment.
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....CENVAT Credit - Reinsurance services obtained directly from the Indian reinsurers - even after the amendment of the definition of ‘input service’ in rule 2(l) of the CENVAT Rule w.e.f. April 01, 2011, the appellant would be eligible to avail CENVAT credit on both the aforesaid reinsurance services- AT....