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2018 (2) TMI 5 - AT - Central ExciseCENVAT credit - input services - transit insurance - marine insurance - C&F agency services - subscription to associations - dinner expenses - Held that: - Regarding transit insurance and C&F Agency service, with reference to export goods, it is noted that these activities are prior to the shipment of cargo in the port in India. It is by now settled legal position that place of removal in case of export is port of shipment and as such expenses incurred on various input services prior to that shipment are eligible for credit unless excluded specifically - transit insurance and C&F Agency Service connected to export of goods which were availed prior to shipment of goods are rightly eligible for the appellant. Marine insurance - Held that: - Since the present case is relating to the period prior to the amendment in Rule 2(l) CENVAT Credit Rules, 2004, which brought in certain restrictions regarding the credit available on business activities, the said credit cannot be denied. Credit on all services allowed - penalty set aside - appeal allowed.
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