CENVAT Credit Eligibility on Workmen Compensation Insurance Premium Clarified; Hydus Technologies Decision Prevails Over Ganesan Builders Case.

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....CENVAT Credit - input services - insurance premium paid in respect of “workmen compensation insurance policy” - The question is referred to as follows:- “The view expressed by the Tribunal Hydus Technologies India lays down the correct position in law. The view expressed by the Tribunal in Ganesan Builders has been over ruled by the Madras High Court in Ganesan Builders Ltd. vs. Commissioner of Service Tax, Chennai.” - AT....