Denial of CENVAT Credit without specific reasoning is unsustainable: CESTAT Mumbai

IOT Infrastructure & Energy Services Ltd. Vs Commissioner of Central Goods & Service Tах (CESTAT Mumbai) Availment of Cenvat Credit in respect of Service Tax paid on rent-a-cab and insurance services In the case of IOT Infrastructure & Energy Services Ltd. vs Commissioner of Central Goods & Service Tax, CESTAT Mumbai examined the denial of CENVAT Credit on service tax paid for rent-a-cab and insurance services. The appellant challenged the lower authorities’ orders, arguing that these services did not fall under the exclusion category of ‘input service’ under Rule 2(l) ...