https://www.taxtmi.com/forum/issue?id=121096 Credit availed and utilised on procurement and installation of a power plant has been apportioned where the plant supported taxable manufacturing and exempt external electricity supplies. The issue concerns treatment of that credit when the taxable manufacturing unit is discontinued or sold, while the power plant is retained and used solely to generate and sell exempt electricity. The inquiry is whether, and to what extent, capital-goods credit requires adjustment or reversal after taxable use ceases. en-us Mon, 31 Aug 2026 11:59:01 +0530 Mon, 31 Aug 2026 12:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121096 Credit availed and utilised on procurement and installation of a power plant has been apportioned where the plant supported taxable manufacturing and exempt external electricity supplies. The issue concerns treatment of that credit when the taxable manufacturing unit is discontinued or sold, while the power plant is retained and used solely to generate and sell exempt electricity. The inquiry is whether, and to what extent, capital-goods credit requires adjustment or reversal after taxable use ceases. Discussion-Forum GST Mon, 31 Aug 2026 11:59:01 +0530 https://www.taxtmi.com/forum/issue?id=121096