https://www.taxtmi.com/caselaws?id=163175 Furnace oil used in a boiler to generate steam for a connected acrylic fibre manufacturing process was treated as consumable stores eligible for input tax credit under the West Bengal Value Added Tax Act, 2003 and Rules, 2005. Because the Act did not define consumable stores and furnace oil was not then included in the negative list, the fuel was regarded as goods intended for use in manufacture, and the later exclusion of furnace oil from the negative list was read as confirming prior eligibility. The disallowance orders were therefore set aside. en-us Fri, 13 Jul 2007 00:00:00 +0530 Tue, 25 Mar 2014 11:50:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163175 Furnace oil used in a boiler to generate steam for a connected acrylic fibre manufacturing process was treated as consumable stores eligible for input tax credit under the West Bengal Value Added Tax Act, 2003 and Rules, 2005. Because the Act did not define consumable stores and furnace oil was not then included in the negative list, the fuel was regarded as goods intended for use in manufacture, and the later exclusion of furnace oil from the negative list was read as confirming prior eligibility. The disallowance orders were therefore set aside. Case-Laws VAT and Sales Tax Fri, 13 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163175