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KEYMAN INURANCE POLICY

This query is : Resolved 
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16 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 ?
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Madhukar N Hiregange

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Madhukar N Hiregange (Expert)
18 October 2010 should be possible as it is for business. I do not think any specific case in this reagrd has been reported.
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