https://www.taxtmi.com/caselaws?id=214395 The High Court remanded the case to the Tribunal to consider the applicability of Rule 57C(1)(ii) in using naphtha for generating electricity supplied to a 100% export-oriented unit. It clarified that Modvat credit for inputs used in electricity generation must be proportionate if not wholly used within the factory. The Tribunal was directed to verify the quantity of electricity supplied to the EOU and make a decision in accordance with Rule 57C(1)(ii), granting the appellants a hearing opportunity for further consideration. en-us Mon, 09 Apr 2012 00:00:00 +0530 Tue, 05 Jun 2012 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214395 The High Court remanded the case to the Tribunal to consider the applicability of Rule 57C(1)(ii) in using naphtha for generating electricity supplied to a 100% export-oriented unit. It clarified that Modvat credit for inputs used in electricity generation must be proportionate if not wholly used within the factory. The Tribunal was directed to verify the quantity of electricity supplied to the EOU and make a decision in accordance with Rule 57C(1)(ii), granting the appellants a hearing opportunity for further consideration. Case-Laws Central Excise Mon, 09 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214395