Case Law Analysis
|Custom, Excise & Service Tax Tribunal
CENVAT Credit Admissible for GTA & Insurance Services Under FOR Basis Sales If Buyer's Premises is Place of Removal : CESTAT Chennai
CESTAT Chennai rules that CENVAT credit on Goods Transport Agency (GTA) and insurance services is permissible when the buyer's premises is treated as the 'place of removal' under a Free-On-Rail (FOR) contract. The tribunal remanded the case for document verification, reinforcing that input service credit extends up to the buyer's location in FOR sales, impacting manufacturers and service providers under CENVAT Credit Rules.