https://www.taxtmi.com/caselaws?id=275767 The Tribunal remanded the case to determine the quantum of electricity wheeled out for proper adjustment of Cenvat credit. It was noted that the appellant needed to reverse the proportionate Cenvat credit related to electricity not entirely used within the factory. The penalties imposed were set aside, and the appeal was allowed with an emphasis on accurate assessment and adjustment of Cenvat credit concerning surplus electricity generation and usage within the manufacturing facility. en-us Thu, 07 Jun 2018 00:00:00 +0530 Fri, 09 Sep 2022 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275767 The Tribunal remanded the case to determine the quantum of electricity wheeled out for proper adjustment of Cenvat credit. It was noted that the appellant needed to reverse the proportionate Cenvat credit related to electricity not entirely used within the factory. The penalties imposed were set aside, and the appeal was allowed with an emphasis on accurate assessment and adjustment of Cenvat credit concerning surplus electricity generation and usage within the manufacturing facility. Case-Laws Central Excise Thu, 07 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275767