https://www.taxtmi.com/forum/issue?id=107932 Electricity is treated as movable goods despite intangibility, the Constitution Bench holding that electrical energy falls within goods; the tariff lists electrical energy under subheading 2716 00 00 though no duty rate is presently specified and central excise charges have been withdrawn. Inputs and capital goods used in captive power generation may be eligible for CENVAT credit under the statutory rules, and judicial authority has held that parts of capital goods need not be dutiable for credit to be claimed. en-us Sat, 31 Jan 2015 21:12:52 +0530 Thu, 23 Jan 2025 15:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107932 Electricity is treated as movable goods despite intangibility, the Constitution Bench holding that electrical energy falls within goods; the tariff lists electrical energy under subheading 2716 00 00 though no duty rate is presently specified and central excise charges have been withdrawn. Inputs and capital goods used in captive power generation may be eligible for CENVAT credit under the statutory rules, and judicial authority has held that parts of capital goods need not be dutiable for credit to be claimed. Discussion-Forum Central Excise Sat, 31 Jan 2015 21:12:52 +0530 https://www.taxtmi.com/forum/issue?id=107932