2018 (2) TMI 1725 – CESTAT DELHI – TMI – CENVAT credit – input services – telephone services – insurance services – Held that: – telephone service is an essential part of manufacturing activity and accordingly, the appellant is entitled to avail Cenvat credit on telephone service – credit allowed.
–
Insurance services – marine specific voyage – insurance of finished goods after place of removal – Held that: – The insurance policy taken for marine specific voyage and insurance for finished goods after place of removal have been excluded from the definition of input in terms of Rule 2(l) of Cenvat Credit Rules, 2004 with effect from 1.4.2011 – credit not allowed.
–
Group insurance for employees – group gratuity scheme – Held that: –
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
ard the parties. 3. Considering the fact that telephone service is essentially required for a manufacturer of excisable goods moreover without telephone in these days life is on hell and without telephone services neither production can take place nor the goods can be sold nor the goods can be purchased. Therefore, telephone service is an essential part of manufacturing activity and accordingly, the appellant is entitled to avail Cenvat credit on telephone service as held by this Tribunal in the case of M/s Hydus Technologies India Pvt. Ltd. Vs. CCE & ST – 2017-TIOL-1189-CESTAT-HYD. 4. Further, I find that the appellant has availed Cenvat credit on insurance services viz. for marine specific voyage, insurance of finished goods after pla
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =