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Central Excise - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

MODVAT Credit - Capital goods - Captive consumption - The ...


MODVAT Credit Allowed for Captive Consumption as Revenue Couldn't Prove External Sale of Generated Electricity.

July 20, 2015

Case Laws     Central Excise     HC

MODVAT Credit - Capital goods - Captive consumption - The situation might have been different had the Revenue succeeded in establishing that the electricity generated by the assessee was not used captively but sold outside - credit allowed - HC

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