https://www.taxtmi.com/caselaws?id=122298 Furnace oil used by a 100% Export Oriented Unit in boilers was treated as a consumable eligible for exemption under the relevant notifications. The Tribunal noted that the EOU policy permitted procurement of consumables from indigenous sources or by import, that furnace oil had earlier been obtained duty free under the consumable entry, and that the Development Commissioner had approved its procurement as a consumable. Applying earlier decisions, it held that boiler fuel is ultimately used up in the manufacturing process and therefore falls within the ordinary meaning of consumables. Later amendments referring specifically to furnace oil did not displace that position, so the exemption remained available. en-us Wed, 11 Apr 2007 00:00:00 +0530 Sat, 11 Aug 2012 11:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122298 Furnace oil used by a 100% Export Oriented Unit in boilers was treated as a consumable eligible for exemption under the relevant notifications. The Tribunal noted that the EOU policy permitted procurement of consumables from indigenous sources or by import, that furnace oil had earlier been obtained duty free under the consumable entry, and that the Development Commissioner had approved its procurement as a consumable. Applying earlier decisions, it held that boiler fuel is ultimately used up in the manufacturing process and therefore falls within the ordinary meaning of consumables. Later amendments referring specifically to furnace oil did not displace that position, so the exemption remained available. Case-Laws Central Excise Wed, 11 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122298