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Service Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

CENVAT Credit - re-insurance as input service - transfer of a ...


CENVAT Credit Allowed for Re-insurance as Input Service Due to Direct Link with Output Service, Meets Statutory Obligation.

May 2, 2015

Case Laws     Service Tax     HC

CENVAT Credit - re-insurance as input service - transfer of a portion of the risk of the re-insurance has to be considered as having nexus with the output service, since the re-insurance is a statutory obligation and the same is co-terminus with the Insurance Policy - credit allowed - HC

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