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Service tax credit on Insurance Premium

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(Querist)
04 February 2011 Hello

Is the cenvat credit of service tax allowed on the payment of insurance premium ( Mediclaim ) for employee and their 3 family members ?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
06 February 2011 Since the mediclaim has been taken in the name of individual employee, Input credit is not allowed.

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