https://www.taxtmi.com/caselaws?id=344728 Captive consumption exemption under Notification No. 67/95-CE was held unavailable for naphtha and refinery fuel oil used to generate electricity to the extent the power was wheeled out to the State Electricity Board, and the duty demand was sustained on a proportionate basis. The plea that captively used naphtha was non-marketable and therefore non-excisable was rejected because it was capable of use as fuel in a gas turbine and no convincing material showed it to be non-commercial grade. Penalty, however, was set aside as the circumstances did not justify penal action. en-us Fri, 23 Jun 2017 00:00:00 +0530 Mon, 30 Apr 2018 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344728 Captive consumption exemption under Notification No. 67/95-CE was held unavailable for naphtha and refinery fuel oil used to generate electricity to the extent the power was wheeled out to the State Electricity Board, and the duty demand was sustained on a proportionate basis. The plea that captively used naphtha was non-marketable and therefore non-excisable was rejected because it was capable of use as fuel in a gas turbine and no convincing material showed it to be non-commercial grade. Penalty, however, was set aside as the circumstances did not justify penal action. Case-Laws Central Excise Fri, 23 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344728