Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2015 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (10) TMI 1793 - AT - Central ExciseDenial of CENVAT Credit - insurance service of Employee Personal/Group Insurance premium - whether the CENVAT Credit can be availed on Service Tax paid on premium of Employees Personal/Group Insurance Service. - Held that:- there is nexus in expenses for Group Insurance Scheme for workers. I find that the issue is squarely covered by the decision of Hon'ble Bombay High Court in the case of Commissioner of Central Excise, Nagpur Vs. Ultratech Cement Ltd. - [2010 (10) TMI 13 - BOMBAY HIGH COURT ], wherein it was held that the services having nexus or integral connection with the manufacture of final product as well as the business of manufacture of final product or providing services would qualify to be input service under Rule 2(1) of the Cenvat Credit Rules, 2004. Staff insurance forms part of manufacturing cost also under CAS-4 standard. Accordingly, following the ratio of the above cited decision, I set aside the impugned order - Decided in favour of assessee.
|