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of <h1>Appellate Tribunal upholds Modvat credit on furnace oil in manufacturing goods</h1> The Appellate Tribunal CESTAT, Mumbai upheld the Commissioner (Appeal)'s order in a Revenue appeal concerning Modvat credit on furnace oil used in ... Cenvat/Modvat - Inputs - Job worker The Appellate Tribunal CESTAT, Mumbai upheld the order of the Commissioner (Appeal) in a Revenue appeal regarding Modvat credit availed on furnace oil used in manufacturing goods, including job work basis. The Tribunal ruled that Modvat credit cannot be denied as job work goods are not exempted and the show cause notice lacked specificity. The appeal was rejected.
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