https://www.taxtmi.com/caselaws?id=392246 The Tribunal and High Court affirmed that SISCOL was eligible for CENVAT credit for capital goods used in the Captive Power Plant set up by JSWPL. The CPP was deemed part of SISCOL's factory premises, satisfying CENVAT Credit Rules conditions. The merger with JSW Steel Limited and JSW Power Limited further supported this integration. The lease agreement did not impact credit eligibility, as the CPP primarily benefited SISCOL. Factual evidence confirmed the CPP's physical and functional connection to SISCOL's manufacturing operations, leading to a favorable outcome for SISCOL against Revenue's appeals. en-us Thu, 13 Feb 2020 00:00:00 +0530 Tue, 01 Dec 2020 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392246 The Tribunal and High Court affirmed that SISCOL was eligible for CENVAT credit for capital goods used in the Captive Power Plant set up by JSWPL. The CPP was deemed part of SISCOL's factory premises, satisfying CENVAT Credit Rules conditions. The merger with JSW Steel Limited and JSW Power Limited further supported this integration. The lease agreement did not impact credit eligibility, as the CPP primarily benefited SISCOL. Factual evidence confirmed the CPP's physical and functional connection to SISCOL's manufacturing operations, leading to a favorable outcome for SISCOL against Revenue's appeals. Case-Laws Central Excise Thu, 13 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392246