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2018 (11) TMI 304 - AT - Service TaxJanta Personal Accident Insurance Plan - benefit of N/N. 3/94-ST dated 30.06.94 - insurance policy provided by the appellant to the Govt. of U.P. for providing insurance cover to 2,50,00,000 farmers for an assured sum of ₹ 1 lakh each on premium of ₹ 10.50 per person - Whether standard insurance policy i.e. Janta Personal Accident Policy covered under Notification No.3/94-5 dated 30.06.1994 or not? Held that:- Just because the agreement of the appellant with the Govt. of U.P. mentions two grounds for rejection of claim policy not covering self-exposure to needless peril except in an attempt to save human life and the cases where claims not submitted within 90 days from the date of accident, the policy in question would cease to be the Janta Personal Accident Policy - the Board vide its letter dated 18.01.2011 has specifically clarified that since description of JPAP Policy is not given in the notification, customized group JPAP Insurance schemes by various insurance companies as per specifications of the State Govt. concerned, to extend risk cover to target populations and to fulfil the prescribed ‘rural or social sector’ obligation, are covered by the Notification No.3/94-ST. There is no requirement in the notification that the Janta Personal Accident Policy referred to in the notification must be submitted to the IRDF for its approval. Demand no sustainable - appeal allowed - decided in favor of appellant.
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