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Central Excise - Highlights / Catch Notes

Home Highlights April 2012 Year 2012 This

Modvat / Cenvat Credit - though the generation of electricity is ...


Cenvat Credit Allowed for Excess Captive Electricity: Sale Permitted per Feb 20, 2003 Notification.

April 18, 2012

Case Laws     Central Excise     HC

Modvat / Cenvat Credit - though the generation of electricity is for captive use, if the electricity manufacture is found to be excess, the same is permitted to sell under the notification dated 20-2-2003 - Credit allowed - HC

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