Case LawADVANCE RULING NO. 1 OF 2018
Sasan Power Ltd., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Madhya Pradesh
- Date:
- June 16, 2018
- Type:
- Advance Ruling
- Members:
- RAJIV AGRAWAL AND MANOJ KUMAR CHOUBEY
Subject
Admissibility of Transitional Cenvat Credit out of the purview of Advance Ruling
Input Tax CreditTransition
Summary
M/s. Sasan Power Ltd., Sasan (hereinafter referred to as "the Applicant"), are engaged in the business of generation and sale of electricity. The applicants have been allocated captive coal mines in the State of M.P. with a condition that t…
Judgement
1.1 M/s. Sasan Power Ltd., Sasan (hereinafter referred to as "the Applicant"), are engaged in the business of generation and sale of electricity, having Registration No. 23AAKCS072M1ZB. The applicants have been allocated captive coal mines in the State of M.P. with a condition that the coal extracted would be exclusively used in the power generation plant of the applicant. The appl…