2014 (10) TMI 306

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....R JUDGEMENT PER: MANMOHAN SINGH; Shri Vikrant Kackria, Advocate appeared for the appellant against the Order-in-Appeal No. 318-CE/LKO/2012 dated 19.7.2012. 2. Commissioner (Appeals) allowed the Cenvat Credit taken on Insurance of Workman Compensation, Cash in Transit policy and Insurance of Electric Weighbridge and disallowed the Cenvat Credit taken on remaining input services namely V....

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....rance service provided beyond the place of removal not connected with the business of manufacture of final product was not covered under 'input service' for availment of Cenvat Credit. Similarly in the case of Computer & Gun Insurance Policy, ld. Counsel pointed out that this service of insurance is covered by the definition of input service as this is a part of the activity relating to business. ....

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....cordingly service tax paid on insurance premium of such vehicles was a 'input service' as defined under rule 2(i) of Cenvat Credit Rules, 2004. Considering the facts on the matter in its broader contour, Input service credit will be available on insurance of vehicles. (b) Regarding input service credit on Sugar Stock, Gun Insurance policy, Fidelity Guarantee Bima Policy, Computer Policy, Commis....