2019 (2) TMI 1244

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..... iled for personal use or for personal consumption of employees - The definition of “input service” with effect from 01.04.2011 excludes life and health insurance services availed for personal use or for personal consumption of employees The Hon’ble jurisdictional High Court in the case of M/s. Ganesan Builders Ltd., [2018 (10) TMI 269 - MADRAS HIGH COURT] has analysed the very same issue with r .....

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..... ct abroad. The department issued show-cause notice proposing to disallow the credit on such insurance services alleging that these are excluded from the definition of Input Services . After due process of law, the original authority disallowed the credit and confirmed the demand along with interest and also imposed penalty. In appeal, the Commissioner (Appeals) upheld the same. Hence this appeal. .....

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..... Heard both sides. 5. The issue is as to whether the appellants are eligible for the credit availed on insurance services. The definition of input service with effect from 01.04.2011 excludes life and health insurance services availed for personal use or for personal consumption of employees. The appellants have explained that these insurance policies were availed for covering the risk of empl .....

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