CENEX UPDATE – 19.10.2020

CX - General insurance services only with respect to motor vehicles are covered under the exclusion part of the definition of input services - Marine insurance services for goods are Input services: CESTAT

ST - Objection of the Department that appellant has not debited the cenvat credit account before filing refund claim is not factually correct - ST-3 return clearly evidences the same: CESTAT

Cus - Supply to SEZ is be counted towards NFE - Since capital goods were supplied by appellant to SEZ unit duly approved by Development Commissioner, requirements of EXIM policy have been duly complied with: CESTAT