https://www.taxtmi.com/caselaws?id=207038 Cenvat credit on furnace oil used to generate electricity was held inadmissible to the extent that the electricity fed into manufacture of exempted final products, because Rule 6(1) applies to all inputs, including fuel, and credit cannot be retained for exempted production. The assessee's taking of credit on the entire fuel quantity without informing the Department amounted to suppression of material facts, justifying invocation of the extended limitation period and penalty. The adjudication confirming demand, interest and penalty was restored, and the assessee's challenge failed. en-us Fri, 21 Jan 2011 00:00:00 +0530 Fri, 25 Nov 2011 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207038 Cenvat credit on furnace oil used to generate electricity was held inadmissible to the extent that the electricity fed into manufacture of exempted final products, because Rule 6(1) applies to all inputs, including fuel, and credit cannot be retained for exempted production. The assessee's taking of credit on the entire fuel quantity without informing the Department amounted to suppression of material facts, justifying invocation of the extended limitation period and penalty. The adjudication confirming demand, interest and penalty was restored, and the assessee's challenge failed. Case-Laws Central Excise Fri, 21 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207038