Tuesday, 2 December 2014

HC grants credit of entire fuel as electricity generated out of fuel was used in multiple units of s

Excise & Customs : Word "factory" includes "all units/premises at same place"; therefore, if steam/electricity generated out of fuel (furnace oil) is used for more than one units (DTA & EOU) in same "factory", entire fuel/furnace oil would be eligible for input credit


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