https://www.taxtmi.com/caselaws?id=90617 Eligibility of Modvat credit on low sulphur heavy stock and furnace oil used in diesel generating sets to produce electricity for captive use in caustic soda manufacture was examined under Rule 57A. The analysis noted that Tribunal decisions had diverged: one line allowed credit where electricity generated within the factory was used in manufacture, while another rejected it unless technical integrality with the manufacturing process was shown. In view of the conflicting interpretations and the significance of the 1995 amendment expressly referring to inputs used for generation of electricity, the issue was considered appropriate for authoritative determination by a Larger Bench. en-us Tue, 09 Dec 1997 00:00:00 +0530 Mon, 10 Oct 2011 13:09:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90617 Eligibility of Modvat credit on low sulphur heavy stock and furnace oil used in diesel generating sets to produce electricity for captive use in caustic soda manufacture was examined under Rule 57A. The analysis noted that Tribunal decisions had diverged: one line allowed credit where electricity generated within the factory was used in manufacture, while another rejected it unless technical integrality with the manufacturing process was shown. In view of the conflicting interpretations and the significance of the 1995 amendment expressly referring to inputs used for generation of electricity, the issue was considered appropriate for authoritative determination by a Larger Bench. Case-Laws Central Excise Tue, 09 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90617