Relief to Kalyan Jewellers: CESTAT allows Cenvat Credit on Gold Insurance Services Provided by Insurance Company [Read Order]

Relief - Kalyan Jewellers - CESTAT - Cenvat Credit - Gold Insurance Services - Insurance Company - taxscan

In a major relief to Kalyan Jewellers, the Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) allowed cenvat credit on gold insurance services provided by insurance company. M/s Kalyan Jewellers, appellant herein, is engaged in retail business of gold jewellery. The issue involved in the appeals are eligibility of…

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