Reversal of Cenvat Credit on Naphtha Sent for Job Work for Electricity Generation is not Tenable: CESTAT [Read Order]

By Yogitha S. Yogesh - On September 9, 2023 5:30 pm - 2 mins read
Reversal - Cenvat- Credit - Naphtha -Sent - Job -Work - Electricity- Generation - Tenable-CESTAT-TAXSCAN

The Kolkata Bench Of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that reversal of Cenvat Credit on Naphtha sent for Job Work for electricity generation is not tenable. M/s. Haldia Petrochemicals Limited, the Appellant is engaged in the manufacture of dutiable final products falling under Chapter 27 and Chapter 39 of the…

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