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TMI Blog2017 (2) TMI 318X X X X Extracts X X X X X X X X Extracts X X X X ..... r M.V. Ravindran These two appeals are directed against Order-in-Appeal No. US/311 & 312/RGD/2012 dated 01.05.2012. 2. Heard both sides and perused the records. 3. The issue that falls for consideration is during the period April 2010 to March 2011, appellant had availed credit of service tax on various types of insurance policies taken by them. The insurance policies which were taken by the ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Policy - for Plant and machinery and other assets of the company. Policy to cover large manufacturing industrial risks; (g) Marine War Insurance Policy - Insuring War Perils (h) Money Insurance Policy - to cover for loss of money in transit between the insured s premises and bank or post office (i) Contractors Plant and Machinery Insurance Policy - All risks policy covering movable plant a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... conclusion adjudicating authority confirmed the demand raised along with interest and also imposed penalties. 5. Learned Counsel would submit that the issue is no more res integra inasmuch as the Hon'ble High Court of Karnataka in the case of Commissioner of Central Excise v. Stanzen Toyotetsu India (P) Ltd. 2011 (23) STR 444 (Kar.) has held that the service tax paid on insurance policy cove ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re than one unit situated in different locations under a single policy. 7.2 In our considered view, all these insurance policies which have been taken by appellant are connected with the activity of the appellant i.e. manufacturing of Hot Iron and Sponge Iron on which appellant discharges Central Excise duty as applicable. We find that the ratio of the decisions of the following case laws on this ..... X X X X Extracts X X X X X X X X Extracts X X X X
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