https://www.taxtmi.com/caselaws?id=125853 The tribunal ruled against the appellant, a manufacturer of spun yarn, regarding the admissibility of Cenvat credit on furnace oil sludge accumulated in the storage tank. The tribunal held that the sludge, not intended for use in the manufacturing process, did not qualify for credit. Citing precedent cases, the tribunal emphasized that credit is only permissible for inputs directly contributing to the final product and not for materials wasted before utilization. The appeal was dismissed, affirming the inadmissibility of Cenvat credit on the furnace oil sludge. en-us Wed, 04 Feb 2009 00:00:00 +0530 Tue, 30 Oct 2012 17:59:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125853 The tribunal ruled against the appellant, a manufacturer of spun yarn, regarding the admissibility of Cenvat credit on furnace oil sludge accumulated in the storage tank. The tribunal held that the sludge, not intended for use in the manufacturing process, did not qualify for credit. Citing precedent cases, the tribunal emphasized that credit is only permissible for inputs directly contributing to the final product and not for materials wasted before utilization. The appeal was dismissed, affirming the inadmissibility of Cenvat credit on the furnace oil sludge. Case-Laws Central Excise Wed, 04 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125853