https://www.taxtmi.com/caselaws?id=392163 The Tribunal held that the service tax paid on the workmen compensation insurance premium was admissible as cenvat credit for a business providing security and detective agency services. The insurance policy was deemed necessary to mitigate the risk of liability for compensating employees in case of mishaps, making it a valid business expense. The denial of credit amounting to Rs. 1.15 lakhs was overturned, allowing the appellants to claim the credit and any consequential relief as per the law. en-us Tue, 10 Dec 2019 00:00:00 +0530 Sat, 31 Oct 2020 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392163 The Tribunal held that the service tax paid on the workmen compensation insurance premium was admissible as cenvat credit for a business providing security and detective agency services. The insurance policy was deemed necessary to mitigate the risk of liability for compensating employees in case of mishaps, making it a valid business expense. The denial of credit amounting to Rs. 1.15 lakhs was overturned, allowing the appellants to claim the credit and any consequential relief as per the law. Case-Laws Service Tax Tue, 10 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392163