Ccenvat

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saurabh kapoor (Querist)
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18 December 2011 Case: A company is producing electricity and by using that electricity, such company is producing dutiable product.
Query: Whether such company can take cenvat of duty which it has incurred in production of electricity against the liability of duty on end product?(i.e whether co. can avail 67/95 or not.
pls. help

CA CS PRASHANT

CA CS PRASHANT (Expert)
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18 December 2011 As there is direct nexus between Input and output,you can certainly take the CENVAT credit the duty paid on inputs,.

saurabh kapoor

saurabh kapoor (Querist)
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20 December 2011 whether electricity is excisable only because of its presence in ceta?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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23 July 2023 "Sorry, I am not a featured member."

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