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2022 (12) TMI 598 - AT - Central ExciseCENVAT credit - Input services - availability of Service tax charged on procurement of ‘insurance service’ for covering medical claims of employees who had opted for the Voluntary Separation Scheme (VRS) - HELD THAT:- the impugned order has held the service on which CENVAT credit had been availed was ineligible for having been incurred on employees who were to retire and consequently having no nexus with manufacturing activity that is essential for taking credit under rule 3 of CENVAT Credit Rules, 2004. The decision of the Larger bench [2022 (4) TMI 1357 - CESTAT MUMBAI (LB)] has categorically spelt an end to the controversy over eligibility of credit in such circumstances. Decided in favor fo assessee.
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