CENVAT Credit allowable on Inputs used in production of electricity supplied Free of Cost to Sister Unit

Principal Commissioner Vs Hira Ferro Alloys Limited (CESTAT Delhi)

The CESTAT in Principal Commissioner v. M/s Hira Ferro Alloys Limited [Excise Appeal No. 53531 of 2018 with Excise Miscellaneous Application No. 50363 of 2019 dated September 6, 2022] held that the assessee is entitled to Central Value Added Tax (“CENVAT”) credit to the extent that the inputs are used for the production of electricity which is transferred free of cost to its sister unit for excisable good

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