https://www.taxtmi.com/caselaws?id=350135 The Tribunal upheld the impugned order, affirming the recovery of cenvat credit on capital goods used for a captive power plant that generated electricity wheeled out to the grid, constituting exempted goods. The appellant's delay in setting up a factory for manufacturing excisable goods led to the denial of cenvat credit under Rule 6(4) of the Cenvat Credit Rules, as the power plant operated without the accompanying manufacturing facility. Previous case laws involving co-generation power plants did not apply as no factory was established in this case, resulting in the rejection of the appeal and the recovery of cenvat credit. en-us Fri, 15 Sep 2017 00:00:00 +0530 Wed, 01 Nov 2017 11:08:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350135 The Tribunal upheld the impugned order, affirming the recovery of cenvat credit on capital goods used for a captive power plant that generated electricity wheeled out to the grid, constituting exempted goods. The appellant's delay in setting up a factory for manufacturing excisable goods led to the denial of cenvat credit under Rule 6(4) of the Cenvat Credit Rules, as the power plant operated without the accompanying manufacturing facility. Previous case laws involving co-generation power plants did not apply as no factory was established in this case, resulting in the rejection of the appeal and the recovery of cenvat credit. Case-Laws Central Excise Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350135