CENVAT Credit Permissible for Electricity Supplied to Sister Units from Captive Power Plant Under Amended CCR Rules, 2011: Madras HC [Read Order]

Madras HC concluded that the definition of inputs post-2011 does not require that the electricity generated must be used in the same factory
Madras High Court - Madras HC - CENVAT - power plant electricity - TAXSCAN

In a recent ruling, the Madras High Court ruled that the Central Value Added Tax ( CENVAT ) Credit was permissible for electricity supplied to sister units from captive power plants under the CENVAT Credit Rules ( CCR ) ( Amendment ), 2011. The appellant, India Cements Limited, operates a Captive Power Plant (CPP) at…

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