Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2011 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (8) TMI 311 - AT - Service TaxCenvat credit - workmen's compensation (general insurance) - in relation to manufacture of final product - In case of an accident within the factory, the compensation has to be paid by the company in accordance with the law and this is obligatory. To fulfill this legal obligation, the assessee has taken insurance - therefore it can be said that in this case the insurance premium is definitely relatable to business activity and is to fulfill one of the legal obligations of providing compensation to worker in case of injury in the factory - Decided in favor of the assessee
|