https://www.taxtmi.com/caselaws?id=52618 The Appellate Tribunal CESTAT, Mumbai ruled in favor of the appellant, a plastic raw material manufacturer engaged in electricity generation using naphtha, natural gas, or high-speed oil. The Tribunal held that duty on naphtha used for generating electricity wasted due to uncontrollable circumstances need not be reversed. Additionally, as the source of sold electricity was a mix of fuels, credit reversal was limited to the portion notionally attributed to naphtha-generated electricity. The appeal was allowed, setting aside the duty demand on naphtha used in electricity generation and providing consequential relief to the appellant. en-us Wed, 08 Oct 2003 00:00:00 +0530 Wed, 06 Oct 2010 18:23:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52618 The Appellate Tribunal CESTAT, Mumbai ruled in favor of the appellant, a plastic raw material manufacturer engaged in electricity generation using naphtha, natural gas, or high-speed oil. The Tribunal held that duty on naphtha used for generating electricity wasted due to uncontrollable circumstances need not be reversed. Additionally, as the source of sold electricity was a mix of fuels, credit reversal was limited to the portion notionally attributed to naphtha-generated electricity. The appeal was allowed, setting aside the duty demand on naphtha used in electricity generation and providing consequential relief to the appellant. Case-Laws Central Excise Wed, 08 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52618