https://www.taxtmi.com/forum/issue?id=106760 Electricity is treated as goods (nil-rate) and not as a service, so service tax does not apply and VAT is often exempt. Where Cenvat credit has been availed on inputs, input services or capital goods used in generation, proportionate reversal of credit is required for electricity cleared for sale; credit is only available to the extent of captive consumption and not for excess electricity sold at contractual rates. en-us Tue, 29 Apr 2014 16:59:55 +0530 Thu, 23 Jan 2025 15:57:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106760 Electricity is treated as goods (nil-rate) and not as a service, so service tax does not apply and VAT is often exempt. Where Cenvat credit has been availed on inputs, input services or capital goods used in generation, proportionate reversal of credit is required for electricity cleared for sale; credit is only available to the extent of captive consumption and not for excess electricity sold at contractual rates. Discussion-Forum Central Excise Tue, 29 Apr 2014 16:59:55 +0530 https://www.taxtmi.com/forum/issue?id=106760