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cenvat credit on service tax paid on premium of keyman insur

This query is : Resolved 

10 October 2010 whether one can claim cenvat credit on service tax paid on premium of keyman insurance policy ? if yes than what is the procedure & conditions? whether any decided caselaw is available in this regard?.........Weather
it is necessary to show the keyman insurance policy premium in COST SHEET AS PER CAS-4 ?

10 October 2010 Since it is for the purpose of business the same should be allowed.Will fall inot the last part of the defintion of input service- activties relating to business..

21 October 2010 it is very clear as per the definition of input service as it WC Premium is input service.



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