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2014 (7) TMI 441 - AT - Central ExciseCENVAT Credit - assessee not maintained separate accounts in respect of inputs for the generation of electricity consumption of electricity in factory as well as sold outside - Option given under Section 73 of the Finance Act, 2010 for proportionate reversal of credit - Held that:- Considering the facts of the case and the letter dated 03.01.2011 of the Commissioner Raipur wherein he has accepted the assessee's Option under Section 73 of the Finance Act, 2010 on assessee's paying Cenvat credit attributable to the inputs consumed in production of electricity wheeled out by the assessee along with interest, I hold that the dispute has been resolved in terms of Section 73 of the Finance Act, 2010 and that the present appeal therefore needs no further deliberations. - Decided against Revenue.
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