https://www.taxtmi.com/caselaws?id=367625 Captively consumed naphtha and Bombay High gas oil used to generate electricity for manufacture of dutiable and exempted goods were treated as eligible for exemption under Notification No. 67/95-CE, subject to the condition that no input credit had been availed for inputs used in exempted final products. Where the electricity so generated was used for purposes other than manufacture of excisable goods, duty liability arose on the relevant inputs, and credit reversal and interest required verification. The matter was remanded for fresh determination of duty, CENVAT credit reversal and related interest on the basis of actual utilisation and reversals. en-us Wed, 19 Sep 2018 00:00:00 +0530 Mon, 24 Sep 2018 08:19:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367625 Captively consumed naphtha and Bombay High gas oil used to generate electricity for manufacture of dutiable and exempted goods were treated as eligible for exemption under Notification No. 67/95-CE, subject to the condition that no input credit had been availed for inputs used in exempted final products. Where the electricity so generated was used for purposes other than manufacture of excisable goods, duty liability arose on the relevant inputs, and credit reversal and interest required verification. The matter was remanded for fresh determination of duty, CENVAT credit reversal and related interest on the basis of actual utilisation and reversals. Case-Laws Central Excise Wed, 19 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367625