https://www.taxtmi.com/caselaws?id=107528 Modvat credit on fuel oil used to generate steam and electricity is prima facie admissible where the generated energy is used within the factory for manufacture or other in-factory purposes. The relevant rule was read as requiring only that the input be used to produce electricity or steam, and that the output be so used in the factory. Sale of surplus electricity outside did not negate entitlement at the pre-deposit stage when the excess was merely unutilised remainder. On that basis, waiver of deposit and stay of recovery were treated as justified. en-us Fri, 02 May 2003 00:00:00 +0530 Fri, 23 Mar 2012 12:08:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107528 Modvat credit on fuel oil used to generate steam and electricity is prima facie admissible where the generated energy is used within the factory for manufacture or other in-factory purposes. The relevant rule was read as requiring only that the input be used to produce electricity or steam, and that the output be so used in the factory. Sale of surplus electricity outside did not negate entitlement at the pre-deposit stage when the excess was merely unutilised remainder. On that basis, waiver of deposit and stay of recovery were treated as justified. Case-Laws Central Excise Fri, 02 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107528