TMI BlogPOWER PLANT INPUT/INPUT CREDIT ADMISSIBILITYX X X X Extracts X X X X X X X X Extracts X X X X ..... POWER PLANT INPUT/INPUT CREDIT ADMISSIBILITY X X X X Extracts X X X X X X X X Extracts X X X X ..... re any judgement with regard to availment of CENVAT credit on input/input services used in CAPTIVE POWER PLAN particularly given by HON'BLE SUPRREME COURT Reply By Mangesh Lokre: The Reply: May we re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... quest you to elaborate the query in details ? If the CPP is within the Manufacturing Area's Premises and the Power produced is fully consumed within the Manufacturing Process only, then the Cenvat Cr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... edit on the Input like FO and the Input Services like AMC is eligible. Reply By CA Rachit Agarwal: The Reply: Refere the case of Supreme Court in Maruti Suzuki Ltd, where in the proportionate amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of electricity sold was reversed.
If in case of captive power plant, if the electricity is sold to the grid/outside partly, proportionate cenvat credit on "inputs" to be reversed. X X X X Extracts X X X X X X X X Extracts X X X X ..... um - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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