https://www.taxtmi.com/caselaws?id=33910 The Tribunal upheld the duty demand with interest but set aside penalties in a case where Cenvat credit on naptha used for electricity generation and sold to joint ventures and vendors was disallowed. The Tribunal found that although naptha was used as fuel for electricity generation within the factory, the credit denial was justified as the electricity generated was sold outside the factory, making it non-excisable. The decision aligned with Supreme Court rulings on the ineligibility of credit for inputs used for electricity consumed by external entities. en-us Fri, 20 Jun 2008 00:00:00 +0530 Mon, 22 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33910 The Tribunal upheld the duty demand with interest but set aside penalties in a case where Cenvat credit on naptha used for electricity generation and sold to joint ventures and vendors was disallowed. The Tribunal found that although naptha was used as fuel for electricity generation within the factory, the credit denial was justified as the electricity generated was sold outside the factory, making it non-excisable. The decision aligned with Supreme Court rulings on the ineligibility of credit for inputs used for electricity consumed by external entities. Case-Laws Central Excise Fri, 20 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33910