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Central Excise - Highlights / Catch Notes

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CENVAT Credit - capital goods used in the factory (Power Plant ...

Case Laws     Central Excise

November 25, 2022

CENVAT Credit - capital goods used in the factory (Power Plant of KMCL) meant for another company/assessee (NINL) for manufacture of final products which are different and distinct - the power generated in the CPP of KMCL is used in the manufacture of the excisable goods by KMCL - the mere fact that the surplus power may have been sold to NINL would not disentitle KMCL to the benefit of CENVAT Credit on capital goods. - HC

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