https://www.taxtmi.com/caselaws?id=242444 Service tax paid on the premium for a group accident insurance policy taken for contract workers was treated as eligible Cenvat credit because the insurance was mandated by the Workmen's Compensation Act, 1923 and was not an optional benefit. Insurance used to discharge a statutory obligation for workers engaged in manufacture was regarded as an input service used in relation to manufacture. The disallowance of credit was therefore set aside, and the related demand and penalty were found unsustainable. en-us Thu, 21 Feb 2013 00:00:00 +0530 Wed, 15 Jan 2014 10:24:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242444 Service tax paid on the premium for a group accident insurance policy taken for contract workers was treated as eligible Cenvat credit because the insurance was mandated by the Workmen's Compensation Act, 1923 and was not an optional benefit. Insurance used to discharge a statutory obligation for workers engaged in manufacture was regarded as an input service used in relation to manufacture. The disallowance of credit was therefore set aside, and the related demand and penalty were found unsustainable. Case-Laws Service Tax Thu, 21 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242444