2015 (7) TMI 632 - AT - Service Tax

Denial of input credit services - Improper documents - Held that - In insurance policy, the registration no. as well as component of services tax has been indicated by the insurance company. All the sufficient information as required under Rule 9(2) of the Cenvat Credit Rules, 2004 has been provided in the policy. Therefore, I hold that appellant is entitled to take Cenvat credit on the said service tax. As marine insurance services have been received by the appellant in the course of the business of export of goods. Therefore, I hold that they are entitled to avail input service credit on the service as held by the Hon ble High Court of Bombay in the case of Ultratech Cement Ltd. v. C.C.E., Nagpur - 2010 (12) TMI 90 - CESTAT, MUMBAI . - Decided in favour of assessee.

Summary

The Appellate Tribunal CESTAT NEW DELHI allowed the appeal, granting input credit services to the appellant. The tribunal found that the documents availed for Cenvat credit were proper as per Rule 9(2) of the Cenvat Credit Rule, 2004. The appellant was entitled to take Cenvat credit on the service tax, including marine insurance services received for the export of goods. The impugned order was set aside, and the appeal was allowed with consequential relief.