https://www.taxtmi.com/caselaws?id=307159 The appeal concerned whether Modvat credit on capital goods could be denied when electricity generated using those goods was partly sold outside the factory, in light of the second proviso to Rule 57R(2) of the Central Excise Rules, 1944. The Department withdrew the appeal on instructions, and the Madras HC dismissed it as withdrawn, leaving the substantial question of law open. No determination was made on the merits of the credit entitlement. en-us Tue, 14 Jun 2016 00:00:00 +0530 Thu, 23 Mar 2023 08:29:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307159 The appeal concerned whether Modvat credit on capital goods could be denied when electricity generated using those goods was partly sold outside the factory, in light of the second proviso to Rule 57R(2) of the Central Excise Rules, 1944. The Department withdrew the appeal on instructions, and the Madras HC dismissed it as withdrawn, leaving the substantial question of law open. No determination was made on the merits of the credit entitlement. Case-Laws Central Excise Tue, 14 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307159