https://www.taxtmi.com/caselaws?id=367086 Cenvat credit on inputs and input services used in a captive power plant was held admissible where the electricity generated had a nexus with the assessee's manufacturing activity. Rule 2(k) and Rule 2(l) of the Cenvat Credit Rules, 2004 were applied to recognise credit for goods and services used in or in relation to manufacture, including captive generation of electricity. The Court accepted that credit remained available to the extent the power was generated for captive use, and it did not deny credit merely because part of the electricity was wheeled out or transferred to sister units treated as distinct units. The assessee was therefore entitled to the disputed credit. en-us Wed, 17 Jan 2018 00:00:00 +0530 Sat, 15 Sep 2018 07:37:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367086 Cenvat credit on inputs and input services used in a captive power plant was held admissible where the electricity generated had a nexus with the assessee's manufacturing activity. Rule 2(k) and Rule 2(l) of the Cenvat Credit Rules, 2004 were applied to recognise credit for goods and services used in or in relation to manufacture, including captive generation of electricity. The Court accepted that credit remained available to the extent the power was generated for captive use, and it did not deny credit merely because part of the electricity was wheeled out or transferred to sister units treated as distinct units. The assessee was therefore entitled to the disputed credit. Case-Laws Central Excise Wed, 17 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367086