Allowability of service tax on certain expenses to a manufac

Jinesh Shah (freelancing, industry) (105 Points)

20 February 2013  

Hey ppl.,

Is credit of service tax on the following exp allowed to a manufacturer of final product?

1. Insurance of factory bldg?

2. Insurance of stock lying in factory blg. or elsewhre in a godown?

3. Insurance of vehicles exclusivelly used in factory?

4. Group insurance schems, against accidents in factories?