https://www.taxtmi.com/caselaws?id=122059 LSHS and furnace oil used in manufacturing both dutiable and exempted goods were treated as fuel outside the input category covered by the credit rule. On that basis, reversal of Modvat/Cenvat credit for non-maintenance of separate accounts was not warranted, and the insistence on separate accounting under the rule analogous to Rule 6 of the CENVAT Credit Rules, 2001 did not apply. The assessee was therefore not liable to reverse the credit, and the Revenue's appeal failed. en-us Tue, 01 Aug 2006 00:00:00 +0530 Wed, 08 Aug 2012 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122059 LSHS and furnace oil used in manufacturing both dutiable and exempted goods were treated as fuel outside the input category covered by the credit rule. On that basis, reversal of Modvat/Cenvat credit for non-maintenance of separate accounts was not warranted, and the insistence on separate accounting under the rule analogous to Rule 6 of the CENVAT Credit Rules, 2001 did not apply. The assessee was therefore not liable to reverse the credit, and the Revenue's appeal failed. Case-Laws Central Excise Tue, 01 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122059