Excise Cenvat credit on Electricity Power bill

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Experts, 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 Ran .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ganathan - The 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sub-heading is blank. 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 MALHOT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... RA - The Reply = Nicely explained. - 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

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - Excise Cenvat credit on Electricity Power bill - Query Started By: - vikram singh Dated:- 26-8-2016 Central Excise - Got 4 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply po .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... st by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X