https://www.taxtmi.com/article/detailed?id=12390 The substituted definition of input under the CENVAT Credit Rules categorises goods used for generation of electricity for captive use as an input without a place-of-use restriction; electricity captively generated thus qualifies as an input wherever it is consumed by the manufacturer. The term "captive" describes where generation occurs, not where consumption occurs, and the capital cost of a CPP is intended to benefit the enterprise as a whole, including sister units to which power is supplied without consideration. en-us Mon, 04 Mar 2024 09:17:05 +0530 Mon, 04 Mar 2024 09:17:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12390 The substituted definition of input under the CENVAT Credit Rules categorises goods used for generation of electricity for captive use as an input without a place-of-use restriction; electricity captively generated thus qualifies as an input wherever it is consumed by the manufacturer. The term "captive" describes where generation occurs, not where consumption occurs, and the capital cost of a CPP is intended to benefit the enterprise as a whole, including sister units to which power is supplied without consideration. Articles Cenvat Credit Mon, 04 Mar 2024 09:17:05 +0530 https://www.taxtmi.com/article/detailed?id=12390