https://www.taxtmi.com/caselaws?id=379509 CENVAT credit on service tax paid for insurance premium under an employee-linked Nagrik Suraksha Policy was held inadmissible because, after 1 April 2011, Rule 2(l) expressly excluded life insurance and health insurance services used primarily for employees' personal use or consumption. The policy was treated as an employee welfare benefit within that exclusion, and prior decisions were followed to hold that allowing credit would defeat the amended rule. Denial of credit was therefore upheld and the impugned order sustained. en-us Tue, 30 Apr 2019 00:00:00 +0530 Fri, 03 May 2019 13:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379509 CENVAT credit on service tax paid for insurance premium under an employee-linked Nagrik Suraksha Policy was held inadmissible because, after 1 April 2011, Rule 2(l) expressly excluded life insurance and health insurance services used primarily for employees' personal use or consumption. The policy was treated as an employee welfare benefit within that exclusion, and prior decisions were followed to hold that allowing credit would defeat the amended rule. Denial of credit was therefore upheld and the impugned order sustained. Case-Laws Service Tax Tue, 30 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379509