https://www.taxtmi.com/caselaws?id=385103 The Tribunal rejected the Revenue's appeals and stay applications, affirming the Commissioner's decision regarding the treatment of Renusagar Power Division as a captive power plant. The Tribunal relied on precedent decisions, including those of the Supreme Court, to support the denial of the stay application and the allowance of cenvat credit on services utilized at the power plant. The Revenue's argument that the case fell under subsequent rules was dismissed for lack of specific provisions excluding input services for captive consumption from credit availability. en-us Fri, 21 Jun 2019 00:00:00 +0530 Fri, 30 Aug 2019 07:13:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385103 The Tribunal rejected the Revenue's appeals and stay applications, affirming the Commissioner's decision regarding the treatment of Renusagar Power Division as a captive power plant. The Tribunal relied on precedent decisions, including those of the Supreme Court, to support the denial of the stay application and the allowance of cenvat credit on services utilized at the power plant. The Revenue's argument that the case fell under subsequent rules was dismissed for lack of specific provisions excluding input services for captive consumption from credit availability. Case-Laws Central Excise Fri, 21 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385103