https://www.taxtmi.com/caselaws?id=184288 CENVAT credit was admissible on turbine, boiler, electrostatic precipitator, water treatment plant equipment and related items used to set up a captive power plant in a sugar factory, because the electricity generated was used in manufacturing dutiable final products. Credit could not be denied merely because the captive power plant or intermediate asset was treated as immovable property or as non-excisable, where the capital goods had a direct nexus with manufacture. The disallowance of credit and the related penalty were therefore set aside. en-us Fri, 13 Feb 2009 00:00:00 +0530 Mon, 04 Jul 2016 17:27:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184288 CENVAT credit was admissible on turbine, boiler, electrostatic precipitator, water treatment plant equipment and related items used to set up a captive power plant in a sugar factory, because the electricity generated was used in manufacturing dutiable final products. Credit could not be denied merely because the captive power plant or intermediate asset was treated as immovable property or as non-excisable, where the capital goods had a direct nexus with manufacture. The disallowance of credit and the related penalty were therefore set aside. Case-Laws Central Excise Fri, 13 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184288