https://www.taxtmi.com/caselaws?id=356065 CENVAT credit on premium paid for employee-covering insurance policies was treated as admissible input service where the expenditure had a sufficient nexus with business and arose from a statutory or employment-related obligation of the employer. The analysis treated employee insurance as an activity relating to business and noted that coverage under the Employees State Insurance Act, 1948 supported the business connection of the service. On that basis, employee-related insurance premium was held to fall within the scope of input service, and denial of credit on that component was not sustainable. en-us Fri, 22 Sep 2017 00:00:00 +0530 Sat, 24 Feb 2018 08:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356065 CENVAT credit on premium paid for employee-covering insurance policies was treated as admissible input service where the expenditure had a sufficient nexus with business and arose from a statutory or employment-related obligation of the employer. The analysis treated employee insurance as an activity relating to business and noted that coverage under the Employees State Insurance Act, 1948 supported the business connection of the service. On that basis, employee-related insurance premium was held to fall within the scope of input service, and denial of credit on that component was not sustainable. Case-Laws Central Excise Fri, 22 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356065