2018 (8) TMI 1572

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..... are that appellants are engaged in the manufacture of HD, Form work steel materials and iron steel materials. During the period April 2014 to March 2015, they availed CENVAT credit on the ISD challans distributed by Head Office on various services. The department was of the view that appellants are not eligible for certain services those distributed. Show cause notice was issued proposing to deny .....

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..... f credit with respect to life insurance and health insurance only. Thus, only credits availed to personal insurance / personal consumption are disallowed. The appellant has availed CENVAT credit on comprehensive insurance policies which are used in relation to the business which are directly or indirectly attributable to the manufacturing activity. He relied upon the decisions in the case of DSCL .....

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..... insure the plant and machinery, stock etc. The ld. AR has pointed out that there was an add-on policy covering marine cargo. The representative from the company has explained that such add-on insurance was only for meeting risk of the cargo that has to reach upto the port and such insurance policy does not cover the cargo that leaves India. For covering the risk of marine cargo that is shipped fr .....

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