Service Tax on Insurance policies taken for compliance under labour legislations- Cenvat Credit eligible

Nelcast Ltd. Vs. Commissioner of GST & Central Excise  (CESTAT Chennai) The issue is whether the appellants are eligible for availing the credit on the service tax on premium paid for insurance policies which are in the nature of group insurance and personal accident insurance. The original authority has discussed the provisions u/s.38 of Employees State Insurance Act, 1948 and Section 3 of the Workmen Compensation Act, 1923 as well as Fatal Accidents Act, 1855. He concluded that the policies are not issued in the name of any individual The policy covers the risk involved for the workers ...