https://www.taxtmi.com/caselaws?id=219422 An irreconcilable conflict existed in the authorities on whether cenvat credit was available on Low Sulphur Heavy Stock used to generate steam and electricity for manufacturing exempt fertilizer. One line of decisions supported credit under an earlier excise regime, while another, under the Cenvat Credit Rules, 2002, rejected credit for fuel used in manufacturing exempt goods. As the competing views could not be harmonised, the Supreme Court held that authoritative resolution was required and referred the issue to a larger Bench. No final determination was made on entitlement to cenvat credit in this proceeding. en-us Tue, 11 Dec 2012 00:00:00 +0530 Mon, 11 Mar 2013 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219422 An irreconcilable conflict existed in the authorities on whether cenvat credit was available on Low Sulphur Heavy Stock used to generate steam and electricity for manufacturing exempt fertilizer. One line of decisions supported credit under an earlier excise regime, while another, under the Cenvat Credit Rules, 2002, rejected credit for fuel used in manufacturing exempt goods. As the competing views could not be harmonised, the Supreme Court held that authoritative resolution was required and referred the issue to a larger Bench. No final determination was made on entitlement to cenvat credit in this proceeding. Case-Laws Central Excise Tue, 11 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219422