Initial Sale of CPP Electricity Does Not Deny CENVAT Credit: CESTAT Mumbai

CESTAT Mumbai dismissed Revenue’s appeals, holding that CENVAT credit on capital goods used for a captive power plant could not be denied merely because electricity was initially sold to MSEDCL before being supplied to the PVC manufacturing plant. The post Initial Sale of CPP Electricity Does Not Deny CENVAT Credit: CESTAT Mumbai appeared first on TaxGuru .