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Service Tax - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

CENVAT credit of Service Tax - Input service - General Insurance ...


CENVAT Credit Denied Due to Lack of Distinction Between Insurance for Company Assets and Employee Lives.

April 22, 2021

Case Laws     Service Tax     AT

CENVAT credit of Service Tax - Input service - General Insurance Service - the appellant has not been able to bifurcate the Insurance Service availed on the assets of the company and on the lives of the persons working in the said company. In the absence of clear bifurcation and lack of documentary evidence, the CENVAT credit on General Insurance Services is denied - credit denied. - AT

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