Wednesday, 24 December 2014

Supply of electricity from power plant set up by lessee was captive power plant; assessee could take

Cenvat Credit : Where assessee had leased out its land only with a view to set up power plant by lessee under an exclusive agreement to supply electricity to assessee for use in manufacture by assessee; said plant was captive power plant of assessee and was eligible for credit in hands of assessee


No comments:

Post a Comment