https://www.taxtmi.com/caselaws?id=85969 Modvat credit was admissible on furnace oil used as fuel in the factory, because Rule 57A treated fuel as an input with effect from 1-3-1994 and the oil was used to generate heat for melting aluminium and drying sand moulds. The later insertion of clause (d) in the explanation to Rule 57F did not take away credit already available under the existing rule framework. On these facts, the furnace oil qualified as an eligible input and the assessee was entitled to credit. en-us Wed, 04 Dec 1996 00:00:00 +0530 Tue, 09 Aug 2011 12:49:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85969 Modvat credit was admissible on furnace oil used as fuel in the factory, because Rule 57A treated fuel as an input with effect from 1-3-1994 and the oil was used to generate heat for melting aluminium and drying sand moulds. The later insertion of clause (d) in the explanation to Rule 57F did not take away credit already available under the existing rule framework. On these facts, the furnace oil qualified as an eligible input and the assessee was entitled to credit. Case-Laws Central Excise Wed, 04 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85969