CENVAT Credit can be avail against Duty paid on Reinsurance of Motor vehicles: CESTAT rules in favour of HDFC ERGO [Read Order]

The Tribunal held that the appellant is entitled to avail CENVAT Credit on reinsurance of motor vehicles and the credit availed by it during the relevant period from April 2011 to March 2012
By Yogitha S. Yogesh - On July 2, 2024 1:25 pm - 2 mins read
CESTAT - CENVAT Credit - motor vehicle insurance - General insurance service - taxscan

The Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has allowed the CENVAT credit taken by the appellant, HDFC ERGO, against duty paid on re-insuring motor vehicles while providing general insurance service for the period from April 2011 to March 2012. HDFC ERGO General Insurance Co. Ltd, the appellant or…

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