https://www.taxtmi.com/caselaws?id=246303 For exemption under Notification No. 1/95-C.E. in a 100% EOU, furnace oil used to generate steam in the manufacture of terry towels can qualify as a consumable even though it does not form part of the final product. The notification covered goods brought in connection with manufacture and packaging, including consumables in Annexure I, and the term was construed broadly to include fuel consumed in the manufacturing process through steam generation. A later amendment expressly referring to furnace oil did not show that it had earlier been excluded. The duty demand was therefore unsustainable and the assessee's exemption claim was upheld. en-us Tue, 22 Nov 2011 00:00:00 +0530 Sun, 20 Apr 2014 15:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246303 For exemption under Notification No. 1/95-C.E. in a 100% EOU, furnace oil used to generate steam in the manufacture of terry towels can qualify as a consumable even though it does not form part of the final product. The notification covered goods brought in connection with manufacture and packaging, including consumables in Annexure I, and the term was construed broadly to include fuel consumed in the manufacturing process through steam generation. A later amendment expressly referring to furnace oil did not show that it had earlier been excluded. The duty demand was therefore unsustainable and the assessee's exemption claim was upheld. Case-Laws Central Excise Tue, 22 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246303