CENVAT of service tax paid on premium for medical insurance of employees is eligible

Satyam Computer Ltd. Vs Commissioner Of Central Tax (CESTAT Hyderabad) CESTAT Hyderabad held that CENVAT Credit of service tax paid on premium for medical insurance of employees and their families is eligible. Facts- This appeal is filed by M/s Satyam Computer Ltd assailing OIO dated 19.10.2009 passed by the Commissioner of Central Excise & Service Tax whereby CENVAT credit amounting to Rs.4,15,09,544/- taken by the appellant on the service tax paid on insurance services under group Medishield policies and personal accident policies provided to its employees and their families was denied f...