CENVAT Credit Allowed Post-Merger: Credit Denial Overturned for Services Availed by Subsidiary Company.

CENVAT credit - captive consumption - The main ground for denial is that the power plant does not belong to appellant (Hindalco) and services availed by subsidiary company (Renusagar Power Plant) cannot be given credit to appellant - once the units are merged / amalgamated, credit is to be allowed - AT .....

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