https://www.taxtmi.com/caselaws?id=115000 CENVAT credit on residual furnace oil used as fuel to generate steam for manufacturing both dutiable and exempted goods was held allowable. Rule 6 of the Cenvat Credit Rules, 2001 bars credit only for inputs used in exempted goods, and the Board circulars invoked by the Revenue were confined by later clarification to the pre-2002 regime. The 8% payment mechanism under Rule 57AD(2)(b) applied to modvatable inputs used in both dutiable and exempted final products, but not to inputs used as fuel. The demand was therefore unsustainable and the assessee could retain the credit. en-us Wed, 17 Nov 2004 00:00:00 +0530 Tue, 22 May 2012 18:19:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115000 CENVAT credit on residual furnace oil used as fuel to generate steam for manufacturing both dutiable and exempted goods was held allowable. Rule 6 of the Cenvat Credit Rules, 2001 bars credit only for inputs used in exempted goods, and the Board circulars invoked by the Revenue were confined by later clarification to the pre-2002 regime. The 8% payment mechanism under Rule 57AD(2)(b) applied to modvatable inputs used in both dutiable and exempted final products, but not to inputs used as fuel. The demand was therefore unsustainable and the assessee could retain the credit. Case-Laws Central Excise Wed, 17 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115000