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2014 (2) TMI 820 - AT - Central ExciseEligibility to CENVAT Credit - Whether the appellant would be eligible for Cenvat credit of service tax paid on the premium for Group Insurance Policy provided by the appellant to their workers - Interest under Rule 15 - Held that:- Cenvat credit in respect of Medical Insurance Policy provided by the Appellant to their employees is sought to be denied only on the ground that the same has no nexus with the manufacture of final product and is not an input service. In the show cause notice, there is no allegation that the medical insurance cover also includes the family members of the employees and for this reason the Cenvat credit would not be admissible - prima facie, it is not disputed that the entire cost of Medical Insurance Policy is included in the cost of production of the goods and for this reason also, the Cenvat credit would be admissible - appellant have a prima facie case in their favour. The requirement of pre-deposit of Cenvat credit demand, interest thereon and penalty , therefore, is waived for hearing of the appeal and recovery thereof is stayed till the disposal of the appeal - Stay granted.
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