2015 (12) TMI 675

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..... in March 2011 itself and the credit was taken in March 2011. As such, the amended provisions, which were applicable from 1-4-2011 would not be applicable to the activities which have been completed prior to the said date. - there is no dispute about the fact that insurance service was availed by the assessee in March 2011, the consideration of the same was paid by the assessee in March 2011 itself .....

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..... . The said insurance was for the period April 2011 to September 2011. 3. It is seen that new Rules i.e., Cenvat Credit (Amendment) Rules, 2011 came into force w.e.f 1-4-2011 vide Notification No. 3/2011-C.E. (N.T.), dated 1-3-2011, which excluded the insurance services from the definition of input service. Inasmuch as the insurance benefit or the insurance service so availed by the appellant wa .....

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..... hat there is no dispute about the fact that insurance service was availed by the assessee in March 2011, the consideration of the same was paid by the assessee in March 2011 itself and the credit was taken in March 2011. As such, the amended provisions, which were applicable from 1-4-2011 would not be applicable to the activities which have been completed prior to the said date. 7. The Commissi .....

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