https://www.taxtmi.com/caselaws?id=115734 Modvat credit was held admissible on parts used to set up a captive power plant where the electricity generated was consumed in manufacturing the final dutiable product. The Revenue's objection that electricity was an intermediate and exempted product was rejected because the parts were used to assemble a plant directly linked to production, and prior Tribunal decisions had already accepted credit in similar circumstances. Credit was therefore allowed on the basis that the power plant supported manufacture or processing of the dutiable final product. en-us Wed, 08 Sep 2004 00:00:00 +0530 Fri, 01 Jun 2012 14:37:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115734 Modvat credit was held admissible on parts used to set up a captive power plant where the electricity generated was consumed in manufacturing the final dutiable product. The Revenue's objection that electricity was an intermediate and exempted product was rejected because the parts were used to assemble a plant directly linked to production, and prior Tribunal decisions had already accepted credit in similar circumstances. Credit was therefore allowed on the basis that the power plant supported manufacture or processing of the dutiable final product. Case-Laws Central Excise Wed, 08 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115734