2020 (2) TMI 607

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..... rvice. To cover the risk of bearing the liability of payment of compensation to the employees in case of any mis-happening, appellant subscribed to said insurance policy for their employees - Therefore, the expenditure incurred was for running of the business and therefore, the said service has to be held to be input service. Therefore, the service tax paid on workmen compensation insurance premiu .....

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..... tion insurance policy in respect of employees with the intention of covering the appellant for payment of compensation to the employee if any mis-happening occurs with the employees when they are on duty. It appeared to Revenue that service tax paid on premium of such insurance policy is not admissible as input service cenvat credit, therefore, proceedings were initiated for denial of said cenvat .....

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..... submissions from both the sides and on perusal of record, it is very clear that the appellant is engaged in providing security services and detective agency service. To cover the risk of bearing the liability of payment of compensation to the employees in case of any mis-happening, appellant subscribed to said insurance policy for their employees. Therefore, the expenditure incurred was for ru .....

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