https://www.taxtmi.com/caselaws?id=48401 Capital goods credit under Rule 57Q was treated as admissible for machinery used in a captive power plant where the electricity generated was substantially consumed within the factory for manufacture of final products, even though part of the power was supplied outside. The court relied on the consistent interpretation already accepted in the assessee's earlier matters and similar cases, and found no contrary basis to displace that view under Rule 57R(2). The denial of credit therefore failed, and the Tribunal's allowance of credit was left undisturbed. en-us Thu, 24 Jul 2008 00:00:00 +0530 Wed, 04 Aug 2010 13:10:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48401 Capital goods credit under Rule 57Q was treated as admissible for machinery used in a captive power plant where the electricity generated was substantially consumed within the factory for manufacture of final products, even though part of the power was supplied outside. The court relied on the consistent interpretation already accepted in the assessee's earlier matters and similar cases, and found no contrary basis to displace that view under Rule 57R(2). The denial of credit therefore failed, and the Tribunal's allowance of credit was left undisturbed. Case-Laws Central Excise Thu, 24 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48401