TaxTMI 
TaxTMI 
Dear Sir,
I have a query whether Electricity generated through Thermal Plant is an excisable goods or not? If yes then what is the rate of duty on the same. Also send me the link from where i can confirm the same.
Thank you
Regards
Deepak Jain
Excisable Goods or non xcisable goods
31 Jan 2015 
5 Replies 
17438 Views Asked by
Electricity as goods affirmed, affecting excise classification and availability of CENVAT credit for captive generation.
Electricity is treated as movable goods despite intangibility, the Constitution Bench holding that electrical energy falls within goods; the tariff lists electrical energy under subheading 2716 00 00 though no duty rate is presently specified and central excise charges have been withdrawn. Inputs and capital goods used in captive power generation may be eligible for CENVAT credit under the statutory rules, and judicial authority has held that parts of capital goods need not be dutiable for credit to be claimed. (AI Summary)
Electricity is treated as movable goods despite intangibility, the Constitution Bench holding that electrical energy falls within goods; the tariff lists electrical energy under subheading 2716 00 00 though no duty rate is presently specified and central excise charges have been withdrawn. Inputs and capital goods used in captive power generation may be eligible for CENVAT credit under the statutory rules, and judicial authority has held that parts of capital goods need not be dutiable for credit to be claimed. (AI Summary)