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Service Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

CENVAT Credit - input services - the transfer of a portion of ...


CENVAT Credit Allowed for Re-Insurance Input Services Due to Nexus with Output Service, Aligns with Statutory Obligations.

October 24, 2018

Case Laws     Service Tax     AT

CENVAT Credit - input services - the 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.

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