https://www.taxtmi.com/caselaws?id=87101 Modvat credit on light diesel oil used as boiler fuel to generate steam in the manufacture of butyl tubes was admissible because the amended input definition covered fuel used in manufacture and the notifications treated light diesel oil as an input. The steam generated was only an intermediate product, and Rule 57D(2) protected credit entitlement notwithstanding that stage of production. As the relevant period fell after the amendment, the amended regime applied, making denial of credit unsustainable and entitling the assessee to credit. en-us Fri, 22 Aug 1997 00:00:00 +0530 Fri, 02 Sep 2011 17:25:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87101 Modvat credit on light diesel oil used as boiler fuel to generate steam in the manufacture of butyl tubes was admissible because the amended input definition covered fuel used in manufacture and the notifications treated light diesel oil as an input. The steam generated was only an intermediate product, and Rule 57D(2) protected credit entitlement notwithstanding that stage of production. As the relevant period fell after the amendment, the amended regime applied, making denial of credit unsustainable and entitling the assessee to credit. Case-Laws Central Excise Fri, 22 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87101