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![‘Naphta’ used for Generation of Electricity is a ‘Marketable’ Product, Excise Duty can be Levied: Chennai CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Chennai-Petroleum-Corporation-Ltd.jpg "‘Naphta’ used for Generation of Electricity is a ‘Marketable’ Product, Excise Duty can be Levied: Chennai CESTAT [Read Order]")
‘Naphta’ used for Generation of Electricity is a ‘Marketable’ Product, Excise Duty can be Levied: Chennai CESTAT [Read Order]
The Chennai CESTAT, in a recent ruling, held that Naphta which is used for generation of electricity is a ‘marketable’ product and hence, it is...