2013 (2) TMI 132

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..... SDR Per Ashok Jindal : Input service credit has been denied to the applicant to the tune of Rs.1,96,64,604/- on account of that the applicant are not actually service receiver and therefore they are not entitled to take input service credit. 2. Heard both sides. 3. The facts of the case are that the applicant are Insurance Company who provides insurance on motor vehicles. The applicants are p .....

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..... on behalf of the applicant as per the cover of insurance company provided under the cashless scheme. For that situation as clarified by CBEC, in their Circular F.No.334/1/2010-TRU dated 26.2.2010 wherein it is clarified the insurance company is the service receiver. Therefore, on the basis of the above cited Circular, prima facie, the applicant are entitled to take input service credit on the imp .....

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