Cenvat credit of service tax paid on insurance of motor car

[Ashwani Rustagi]

Whether the company can take cenvat credit for the service tax paid on insurance of motor car (given to employees) and service tax on mobile phone (in the name of company)

[Surender Gupta]

Yes, if it is related to busienss.

AI Summary

Company Eligible for Cenvat Credit on Employee Car Insurance and Mobile Phones if Business-Related Expenses A query was raised regarding the eligibility of a company to claim Cenvat credit for the service tax paid on the insurance of motor cars provided to employees and on mobile phones registered under the company's name. The response indicated that the company can indeed claim Cenvat credit for these expenses, provided they are related to business activities.