TMI Blog2020 (2) TMI 1195X X X X Extracts X X X X X X X X Extracts X X X X ..... OF CENTRAL EXCISE, RAIGAD [ 2017 (2) TMI 318 - CESTAT MUMBAI] and M/S. WHEELS INDIA LTD. VERSUS COMMISSIONER OF GST CENTRAL TAX, CHENNAI NORTH COMMISSIONERATE [ 2019 (7) TMI 150 - CESTAT CHENNAI] - the disallowance of credit in respect of these insurance policies is unjustified and requires to be set aside - credit allowed. Group Personal Accident policy - penalty - HELD THAT:- The appellant has to establish that the personal accident policy is intended only for the employee and that separate premium is not collected for each dependent. Even though the matter was adjourned to this date, directing the appellant to produce copy of the policy or any other evidence to establish that separate premium has not been collected for each depend ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1. Money Insurance ₹ 3,784/- 2. Group Personal Accident ₹ 40,462/- 3. Public Liability Insurance ₹ 98,915/- 4. Product Liability Insurance ₹ 5,29,688/- 5. Loss of profit for unit ₹ 65,799/- 6. Fidelity Guarantee Policy ₹ 3,593/- 3. It is submitted by him that the authorities below have rejected the credit alleging that these services are no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Vs. Suzuki Motor Cycle India Pvt. Ltd. 2017 (47) STR 85 (Tri. Chan.) 4. The ld. AR Ms. T. Sridevi supported the findings in the impugned order. She argued that the authorities have rightly disallowed the credit as these are general insurance services which fall under exclusion part and also are not availed in or in relation to manufacturing activity. 5. Heard both sides. 6. From the Table given above, it can be seen that the insurances availed in respect of Money Insurance, Public Liability Insurance, Product Liability Insurance, Loss of Profit for Unit and Fidelity Guarantee Policy are availed in or in relation to the manufacturing activity as has been discussed by the various decisions relied by the ld. counsel for the appell ..... X X X X Extracts X X X X X X X X Extracts X X X X
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