https://www.taxtmi.com/caselaws?id=117268 Furnace oil burnt only to generate steam, later used in fertilizer manufacture, was held not to qualify as use as feed stock under the exemption notification, because the oil was not a direct raw material in the manufacturing process. On that interpretation, the nil rate of duty claim failed and the exemption was denied. The dispute was treated as one of notification construction rather than penal default, so penalty was found unwarranted and set aside. The operative distinction was between direct feed stock use and fuel consumed first for steam generation, which does not acquire feed stock character merely because the steam enters the manufacturing chain. en-us Thu, 02 Feb 2006 00:00:00 +0530 Thu, 21 Jun 2012 14:24:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117268 Furnace oil burnt only to generate steam, later used in fertilizer manufacture, was held not to qualify as use as feed stock under the exemption notification, because the oil was not a direct raw material in the manufacturing process. On that interpretation, the nil rate of duty claim failed and the exemption was denied. The dispute was treated as one of notification construction rather than penal default, so penalty was found unwarranted and set aside. The operative distinction was between direct feed stock use and fuel consumed first for steam generation, which does not acquire feed stock character merely because the steam enters the manufacturing chain. Case-Laws Central Excise Thu, 02 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117268