2016 (11) TMI 1167

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....R This appeal is filed against OIA No.SRP/91/VAPI/2013-14, dt.21.05.2013, passed by Commissioner (Appeals), C.Ex. & S.Tax, Vapi. 2.   Briefly stated the facts of the case are that the Appellants availed CENVAT Credit of Rs. 4,22,061/- on  various Insurance services, namely,  Insurance on Plants & Machinery, building and raw material/semi-finished goods in stock etc. durin....

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....insurance in relation to stocks of raw materials/finished goods, and transit insurance on the ground that the same were not received by them within the factory premises but outside the factory premises.  The learned Advocate further submits that the criteria of eligibility of CENVAT Credit on input services should not be confined to the factory premises  but even if used outside the fact....

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....utedly the insurance policies have been taken by the Appellant in relation to stock of raw materials, semi-finished goods/finished goods, packing material, consumables as is evident from the policies enclosed as Annexure 'A' to the present appeal memorandum.  The said policies  are availed by the Appellant has a definite nexus with business of manufacture of finished goods. I find the&nb....