https://www.taxtmi.com/caselaws?id=371024 The Tribunal allowed the appeal in the case concerning the availability of credit on TMT Bars/Rods/Angles used in a Co-Gen plant for power generation. Relying on precedent, including the Nizam Deccan Sugars Ltd. case, the Tribunal held that capital goods used in Co-Gen power plants for electricity generation are admissible for credit when power is both used internally and sold to distribution companies. The decision was pronounced on 29/08/2018. en-us Wed, 29 Aug 2018 00:00:00 +0530 Wed, 28 Nov 2018 08:35:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371024 The Tribunal allowed the appeal in the case concerning the availability of credit on TMT Bars/Rods/Angles used in a Co-Gen plant for power generation. Relying on precedent, including the Nizam Deccan Sugars Ltd. case, the Tribunal held that capital goods used in Co-Gen power plants for electricity generation are admissible for credit when power is both used internally and sold to distribution companies. The decision was pronounced on 29/08/2018. Case-Laws Central Excise Wed, 29 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371024