Service tax exemption for Janata Personal Accident Policy confirmed for state-specified group schemes serving targeted populations. Service tax exemption applies to Janata Personal Accident Policy (JPAP) group schemes customized by insurers per state government specifications to provide low sum assured risk cover to targeted populations and to fulfil prescribed rural or social sector obligations, and such schemes are covered by Notification No. 3/1994 ST despite no explicit definition of JPAP in that notification.
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Provisions expressly mentioned in the judgment/order text.
Service tax exemption for Janata Personal Accident Policy confirmed for state-specified group schemes serving targeted populations.
Service tax exemption applies to Janata Personal Accident Policy (JPAP) group schemes customized by insurers per state government specifications to provide low sum assured risk cover to targeted populations and to fulfil prescribed rural or social sector obligations, and such schemes are covered by Notification No. 3/1994 ST despite no explicit definition of JPAP in that notification.
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