https://www.taxtmi.com/caselaws?id=378201 The Tribunal allowed the appeal, ruling in favor of the appellant and setting aside the demand for 6% of the value of electricity sold. The decision was based on established legal precedents indicating that Rule 6 of the CENVAT Credit Rules, 2004 was not applicable to the generation of electricity from waste heat in the manufacture of sponge iron. The Tribunal concluded that the electricity produced was neither excisable nor exempted goods, thus supporting the appellant's argument and overturning the impugned order. en-us Tue, 09 Apr 2019 00:00:00 +0530 Thu, 11 Apr 2019 05:11:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378201 The Tribunal allowed the appeal, ruling in favor of the appellant and setting aside the demand for 6% of the value of electricity sold. The decision was based on established legal precedents indicating that Rule 6 of the CENVAT Credit Rules, 2004 was not applicable to the generation of electricity from waste heat in the manufacture of sponge iron. The Tribunal concluded that the electricity produced was neither excisable nor exempted goods, thus supporting the appellant's argument and overturning the impugned order. Case-Laws Central Excise Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378201