https://www.taxtmi.com/caselaws?id=329283 The Tribunal allowed the appeal against the rejection of Cenvat credit for electricity sold to Karnataka Power Transmission Corporation Ltd. The Deputy Commissioner's decision was overturned as the Tribunal held that bagasse is not an exempted product, therefore Rule 6 of Cenvat Credit Rules does not apply. The demand for proportionate Cenvat credit for electricity sold was deemed baseless, and the admissibility of Cenvat credit on inputs used for manufacturing sugar and molasses was upheld, emphasizing that Rule 6 did not apply in this scenario. en-us Thu, 23 Jun 2016 00:00:00 +0530 Mon, 27 Jun 2016 07:34:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329283 The Tribunal allowed the appeal against the rejection of Cenvat credit for electricity sold to Karnataka Power Transmission Corporation Ltd. The Deputy Commissioner's decision was overturned as the Tribunal held that bagasse is not an exempted product, therefore Rule 6 of Cenvat Credit Rules does not apply. The demand for proportionate Cenvat credit for electricity sold was deemed baseless, and the admissibility of Cenvat credit on inputs used for manufacturing sugar and molasses was upheld, emphasizing that Rule 6 did not apply in this scenario. Case-Laws Central Excise Thu, 23 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329283