https://www.taxtmi.com/caselaws?id=30837 The Tribunal allowed credit for inputs used in the captive power plant due to its proximity and captive use, following a Supreme Court precedent. However, the decision on credit for CTD Bars and Angles was deferred for further verification to differentiate their usage between civil construction and machinery fabrication. The Tribunal set aside the penalty related to the power plant and directed a fresh assessment by the adjudicating authority for the unresolved credit issues. The appeal was disposed of with these directions for reevaluation. en-us Thu, 20 Mar 2008 00:00:00 +0530 Sat, 27 Sep 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30837 The Tribunal allowed credit for inputs used in the captive power plant due to its proximity and captive use, following a Supreme Court precedent. However, the decision on credit for CTD Bars and Angles was deferred for further verification to differentiate their usage between civil construction and machinery fabrication. The Tribunal set aside the penalty related to the power plant and directed a fresh assessment by the adjudicating authority for the unresolved credit issues. The appeal was disposed of with these directions for reevaluation. Case-Laws Central Excise Thu, 20 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30837