Cenvat credit is allowed if inputs are wheeled out to the sister company
Last updated: 29 February 2024
Court :
Madras High Court
Brief :
The Hon'ble Madras High Court in the case of India Cement Limited v. Commissioner of Customs [C.M.A.(MD) Nos.910 to 914 of 2018 dated January 30, 2024] allowed the appeal filed by the Appellant wherein it was held that the electricity was not sold but only supplied to sister units, all of which were involved in manufacturing of the final product. Therefore, electricity used for manufacturing the final product qualifies as an 'input'. Further, there is a substantial cost in the setting up of a Captive Power Plant for which the benefit must be provided to the Appellant as a whole, including the sister concerns to which supply is made.
Citation :
C.M.A.(MD) Nos.910 to 914 of 2018 dated January 30, 2024
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Bimal Jain
Published in GST
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