Cenvat Credit on Luboils

[Mathurthi RamKumar]

Dear Sir,

Kindly confirm kraft paper manufacture can avail cenvat credit for lub oils and MP Grease (Enklo 15 and Parthan EP 460).

Its urgent.

Regards

M.RamKumar

AI Summary

CENVAT credit available for lubricants and greases used in manufacture, but not for diesel or petrol fuels.
Lubricating oils and greases used in relation to the manufacture of kraft paper are eligible for CENVAT credit; however, credit is not available for light diesel oil, high speed diesel oil or motor spirit.