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TMI Blog2018 (11) TMI 419X X X X Extracts X X X X X X X X Extracts X X X X ..... rance in the name of Joint Managing Director - Held that:- Merely insurance premium is not in the name of the Joint Managing Director of the appellant company cannot be the reason to deny the Cenvat credit - insurance has been taken by the appellant for their use and the premium has been paid by the appellant only - credit allowed. Insurance premiums of motor vehicles and repair of motor vehicl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dated:- 10-10-2018 - Mr. Ashok Jindal, Member (Judicial) Present for the Appellant(s): Mr. Gagan Kohli, Advocate Present for the Respondent(s): Mr. Tarun Kumar, A.R. ORDER Per Ashok Jindal: The appellant is in appeal against the impugned order wherein Cenvat credit sought to be denied on the various issues in terms of Rule 2(l) of the Cenvat Credit Rules, 2004. 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ms of Rule 9(2) of the Cenvat Credit Rules, 2004. 3. Heard the parties and considered the submissions. 4. On consideration of the submissions, three issues have been raised before me: (a) insurance is in the name of Joint Managing Director, therefore is not admissible, (b) insurance premiums of motor vehicles and repair of motor vehicles is not admissible; and (c) documents against ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lant and payment thereof has been made by the appellant itself. In these circumstances, I allow the Cenvat credit. (b) Insurance premiums of motor vehicles and repair of motor vehicles As these motor vehicles have been used by the appellant for their manufacturing activity and without these vehicles, the appellant is not able to manufacture their goods, therefore, in terms of Rule 2(l) of t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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