Whether tax paid on re-insurance premium is allowed as input tax credit ?
Issue Favourable to Tax Payer ?:- yes
Held - As noted, in case of PNB Metlife (supra) which judgment has been accepted by the department, the High Court has held that the service tax pa.....
Issue Favourable to Tax Payer ?:- yes
Held - It now remains to be examined whether the Appellant is eligible to avail CENVAT credit of re-insurance service provided by pool member compa.....