https://www.taxtmi.com/caselaws?id=442557 Naphtha used in a captive power plant to generate electricity consumed within the factory, including electricity used for running the plant itself, qualifies for Cenvat credit because Rule 2(k) treats goods used for generation of electricity used in or in relation to manufacture, or for other factory purposes, as inputs. The entitlement extends to the eligible captive consumption portion even if some electricity is supplied for other uses. On limitation, regular disclosure of bifurcated credit reversal and electricity-use details to the department negatived suppression, so the extended period could not be invoked. The demand was therefore time-barred, and the related interest and penalty could not survive. en-us Wed, 30 Aug 2023 00:00:00 +0530 Mon, 04 Sep 2023 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442557 Naphtha used in a captive power plant to generate electricity consumed within the factory, including electricity used for running the plant itself, qualifies for Cenvat credit because Rule 2(k) treats goods used for generation of electricity used in or in relation to manufacture, or for other factory purposes, as inputs. The entitlement extends to the eligible captive consumption portion even if some electricity is supplied for other uses. On limitation, regular disclosure of bifurcated credit reversal and electricity-use details to the department negatived suppression, so the extended period could not be invoked. The demand was therefore time-barred, and the related interest and penalty could not survive. Case-Laws Central Excise Wed, 30 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442557