2008 (1) TMI 729

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..... appeal against denial of credit on spare parts used in the boiler turbine for production of steam and electricity. 2. Heard both the sides and perused the record. The Commissioner (Appeals) observed that a part of this electricity is used captively in the manufacture of sponge iron, but a major portion is supplied through the distribution lines of MPEB. It has been held that the appellants are e .....

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..... boiler parts used in captive power plant and partly sold out to Tamil Nadu Electricity Board are eligible to Cenvat credit under Rule 57-R of erstwhile Central Excise Rules, 1944. In view of that, I do not find any reason to deny Modvat credit on these items. Therefore, the impugned order is set aside and the appeal is allowed with consequential relief. (Order dictated and pronounced in the ope .....

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