https://www.taxtmi.com/forum/issue?id=107500 Cenvat credit on capital goods used to generate electricity remains admissible where part of the power is used in manufacturing dutiable products and part is sold as exempted supply; credit is denied only if exclusively used for exempted goods. Input service credit for installation or maintenance must be proportionately reversed, using turnover of captive consumption versus electricity sold as the apportionment basis. en-us Mon, 20 Oct 2014 16:01:58 +0530 Thu, 23 Jan 2025 15:57:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107500 Cenvat credit on capital goods used to generate electricity remains admissible where part of the power is used in manufacturing dutiable products and part is sold as exempted supply; credit is denied only if exclusively used for exempted goods. Input service credit for installation or maintenance must be proportionately reversed, using turnover of captive consumption versus electricity sold as the apportionment basis. Discussion-Forum Central Excise Mon, 20 Oct 2014 16:01:58 +0530 https://www.taxtmi.com/forum/issue?id=107500