https://www.taxtmi.com/caselaws?id=270724 Capital goods used in a captive power plant located outside the factory remained eligible for Cenvat credit where the power plant and factory functioned as one integrated unit and the electricity generated was captively consumed in manufacture. The mere fact that the goods were procured before 01.04.2011, while credit was availed later, did not by itself justify denial, because the relevant rule position and prior judicial view supported credit for such integrated captive use. Denial based only on the date of procurement was unsustainable, and the demand, interest and penalty could not be maintained. en-us Fri, 07 Aug 2015 00:00:00 +0530 Thu, 14 Jan 2016 11:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270724 Capital goods used in a captive power plant located outside the factory remained eligible for Cenvat credit where the power plant and factory functioned as one integrated unit and the electricity generated was captively consumed in manufacture. The mere fact that the goods were procured before 01.04.2011, while credit was availed later, did not by itself justify denial, because the relevant rule position and prior judicial view supported credit for such integrated captive use. Denial based only on the date of procurement was unsustainable, and the demand, interest and penalty could not be maintained. Case-Laws Central Excise Fri, 07 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270724