TMI BlogExcise Cenvat credit on Electricity Power billX X X X Extracts X X X X X X X X Extracts X X X X ..... Excise Cenvat credit on Electricity Power bill X X X X Extracts X X X X X X X X Extracts X X X X ..... rts, Please Guide, Query :- Can we avail Cenvat/modvat credit on Electricity bill. where plant & machinery cost is over then ₹ 100 Crore ? Regard Vikram Reply By Rajagopalan Ranganathan: T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Reply: Sir, Electrical energy will fall under sub-heading No. 27160000 of first schedule of Central Excise Tariff Act, 1985. However the rate of duty column against the said sub-heading is blank. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Therefore no cenvat duty is chargeable on electrical energy. Hence the question taking credit of Cenvat duty paid on electric energy does not arise. Reply By CS SANJAY MALHOTRA: The Reply: Nicely e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xplained.
Reply By KASTURI SETHI:
The Reply:
I fully support the views of both experts.
Reply By vikram singh:
The Reply:
Thanks to all experts.
Rgd.
Vikram X X X X Extracts X X X X X X X X Extracts X X X X ..... ring ..... X X X X Extracts X X X X X X X X Extracts X X X X
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