CENVAT Credit without actual receipt of service is ineligible

Royal Sundaram General Insurance Company Ltd Vs Commissioner of GST & Central Excise (CESTAT Chennai) CESTAT Chennai held that Royal Sundaram General Insurance Company paying Commission to unapproved dealers in the guise of receipt of ‘data processing and policy servicing and related activities’ service. Accordingly, since such service is not received by the company they are ineligible to avail CENVAT Credit of the same. Facts- the appellant, M/s. Royal Sundaram Allianz Insurance Company Ltd., public limited company, having Head office at Karappakkam, Chennai is engaged in providing Ge...