https://www.taxtmi.com/caselaws?id=297832 The Tribunal addressed tariff true-up disputes over fuel cost, auxiliary consumption, heat rate, working capital interest, income tax, ash disposal and reverse osmosis O&M, as well as refund of revenue surplus. It held that actual fuel cost, including alternate coal procurement necessitated by the absence of fuel supply agreements, had to be recognised to the extent indicated, and the refund had to be reworked accordingly. It rejected retrospective relief on auxiliary consumption and availability, gross station heat rate, working capital interest treatment, income tax computation, and disallowance of ash disposal and reverse osmosis expenses. It also upheld the Commission's jurisdiction to order refund of surplus under the tariff framework. en-us Thu, 03 Nov 2016 00:00:00 +0530 Fri, 24 Sep 2021 07:18:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297832 The Tribunal addressed tariff true-up disputes over fuel cost, auxiliary consumption, heat rate, working capital interest, income tax, ash disposal and reverse osmosis O&M, as well as refund of revenue surplus. It held that actual fuel cost, including alternate coal procurement necessitated by the absence of fuel supply agreements, had to be recognised to the extent indicated, and the refund had to be reworked accordingly. It rejected retrospective relief on auxiliary consumption and availability, gross station heat rate, working capital interest treatment, income tax computation, and disallowance of ash disposal and reverse osmosis expenses. It also upheld the Commission's jurisdiction to order refund of surplus under the tariff framework. Case-Laws Indian Laws Thu, 03 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297832