TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Appellate Tribunal allows Modvat credit for furnace oil used in manufacturing electricity for final products.</h1> <h3>SAIL Versus COLLECTOR OF CENTRAL EXCISE, JAMSHEDPUR</h3> SAIL Versus COLLECTOR OF CENTRAL EXCISE, JAMSHEDPUR - 2001 (137) E.L.T. 572 (Tri. - Kolkata) The Appellate Tribunal CEGAT, Kolkata held that furnace oil used for generating electricity, which is further used in the manufacture of final products, is eligible for Modvat credit even before 16-3-1995. The Appellants are entitled to the credit on furnace oil used in this manner. However, the portion of electricity consumed in the township area does not qualify for Modvat credit.
TaxTMI 