https://www.taxtmi.com/caselaws?id=214718 The Tribunal remanded the case to the original authority for further assessment in line with the agreements made during the hearing. The appellant agreed to reverse the CENVAT credit on furnace oil used for non-manufacturing purposes, specifically for electricity transmission to other units. The parties also agreed to reevaluate the quantum of credit reversal, considering the varying interpretations on CENVAT credit admissibility. No penalty was imposed, and the original authority was instructed to reassess the amount of credit reversal while taking into account the time bar aspect as requested by the appellant. en-us Thu, 14 Jun 2012 00:00:00 +0530 Sat, 07 Jul 2012 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214718 The Tribunal remanded the case to the original authority for further assessment in line with the agreements made during the hearing. The appellant agreed to reverse the CENVAT credit on furnace oil used for non-manufacturing purposes, specifically for electricity transmission to other units. The parties also agreed to reevaluate the quantum of credit reversal, considering the varying interpretations on CENVAT credit admissibility. No penalty was imposed, and the original authority was instructed to reassess the amount of credit reversal while taking into account the time bar aspect as requested by the appellant. Case-Laws Central Excise Thu, 14 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214718