TaxTMI 
TaxTMI 
POWER PLANT INPUT/INPUT CREDIT ADMISSIBILITY
17 Jan 2011 
2 Replies 
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Cenvat credit admissibility: captive power used exclusively in manufacturing allows credit; proportionate reversal if power is supplied externally.
Availability of Cenvat credit for inputs and input services used in a captive power plant turns on use: if power is fully and exclusively consumed in manufacturing, credit on inputs and input services is admissible; if some electricity is supplied outside the manufacturing process, the portion of credit attributable to that supplied power must be proportionately reversed. (AI Summary)
Availability of Cenvat credit for inputs and input services used in a captive power plant turns on use: if power is fully and exclusively consumed in manufacturing, credit on inputs and input services is admissible; if some electricity is supplied outside the manufacturing process, the portion of credit attributable to that supplied power must be proportionately reversed. (AI Summary)
Is there any judgement with regard to availment of CENVAT credit on input/input services used in CAPTIVE POWER PLAN particularly given by HON'BLE SUPRREME COURT