https://www.taxtmi.com/forum/issue?id=257 Furnace oil used as fuel or consumable in generation of electricity or boilers qualifies as an eligible input and excise paid on it may be taken as Cenvat credit by manufacturing units. Views diverge on utilisation of service tax credit: some contributors state it may be used to discharge excise duty but not GTA service tax, whereas cited tribunal and high court decisions interpret Rule 3 of the Cenvat Credit Rules to allow use of Cenvat credit for payment of service tax on GTA services. en-us Tue, 19 Sep 2006 13:59:47 +0530 Thu, 23 Jan 2025 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=257 Furnace oil used as fuel or consumable in generation of electricity or boilers qualifies as an eligible input and excise paid on it may be taken as Cenvat credit by manufacturing units. Views diverge on utilisation of service tax credit: some contributors state it may be used to discharge excise duty but not GTA service tax, whereas cited tribunal and high court decisions interpret Rule 3 of the Cenvat Credit Rules to allow use of Cenvat credit for payment of service tax on GTA services. Discussion-Forum Service Tax Tue, 19 Sep 2006 13:59:47 +0530 https://www.taxtmi.com/forum/issue?id=257