https://www.taxtmi.com/caselaws?id=54346 Furnace oil used as fuel to generate electricity remained eligible as an input for Modvat credit where the electricity was wheeled from one unit to other units of the same manufacturer and used in the manufacture of excisable goods. The definition of "input" was applied broadly to cover fuel used for generating electricity connected with manufacture, and the relevant phrase "factory of production" was read in line with the factory producing the final product, not confined to the unit where electricity was generated. The contrary Revenue authorities were distinguished as involving different language, and cross-unit commercial use of electricity within the same manufacturing set-up was treated as consistent with the credit scheme. en-us Mon, 11 Jul 2005 00:00:00 +0530 Fri, 03 May 2024 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54346 Furnace oil used as fuel to generate electricity remained eligible as an input for Modvat credit where the electricity was wheeled from one unit to other units of the same manufacturer and used in the manufacture of excisable goods. The definition of "input" was applied broadly to cover fuel used for generating electricity connected with manufacture, and the relevant phrase "factory of production" was read in line with the factory producing the final product, not confined to the unit where electricity was generated. The contrary Revenue authorities were distinguished as involving different language, and cross-unit commercial use of electricity within the same manufacturing set-up was treated as consistent with the credit scheme. Case-Laws Central Excise Mon, 11 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54346