https://www.taxtmi.com/caselaws?id=77448 CENVAT credit was held inadmissible on furnace oil used as fuel in the manufacture of exempted final products, because the credit restriction for inputs used in exempt goods continued to apply to fuel inputs despite the separate-accounting regime. The credit disallowance was therefore restored. Penalty and interest could not be imposed where the show cause notice did not propose either levy and the adjudicatory order also did not address them. On that basis, no penalty or interest was sustained. en-us Thu, 15 Jul 2010 00:00:00 +0530 Sat, 11 Feb 2017 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77448 CENVAT credit was held inadmissible on furnace oil used as fuel in the manufacture of exempted final products, because the credit restriction for inputs used in exempt goods continued to apply to fuel inputs despite the separate-accounting regime. The credit disallowance was therefore restored. Penalty and interest could not be imposed where the show cause notice did not propose either levy and the adjudicatory order also did not address them. On that basis, no penalty or interest was sustained. Case-Laws Central Excise Thu, 15 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77448