Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (5) TMI 1498 - AT - Central ExciseCENVAT credit - input services - various insurance policies, namely, Medical Insurance, Accidental insurance and Group insurance Policy relating to Group Gratuity and Motor Vehicle Insurance - services relating to Staff Welfare Expenses, Food and Beverages etc. - Held that: - the Hon'ble Karnataka High Court in Micro Labs Ltd's case [2011 (6) TMI 115 - KARNATAKA HIGH COURT] has held that the credit of service tax paid on the premium of various insurance policies taken for employees under the Labor Laws, is admissible to credit. Therefore, the credit availed on the service tax paid on the premiums of insurance policies for the employees, in the course of discharging their duty as required under the provisions of Labor Laws are admissible to credit. Admittedly the credit on staff welfare expenses, food and beverages and on motor vehicle insurance, is not admissible. Appeal allowed in part.
|