https://www.taxtmi.com/caselaws?id=255843 CENVAT credit on furnace oil and oxygen used as fuel in manufacturing exempted goods was not required to be reversed under Rule 6 of the CENVAT Credit Rules, 2002 or the CENVAT Credit Rules, 2004 for the relevant period from April 2002 to March 2005. Rule 6(2) then expressly excluded inputs intended for use as fuel from the obligation to maintain separate accounts for dutiable and exempted goods, and that position continued under the 2004 Rules before amendment. The credit related only to fuel, and settled High Court and Tribunal precedent supported allowability. The lower appellate authority's order allowing credit was therefore upheld. en-us Mon, 19 Jan 2015 00:00:00 +0530 Tue, 20 Jan 2015 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255843 CENVAT credit on furnace oil and oxygen used as fuel in manufacturing exempted goods was not required to be reversed under Rule 6 of the CENVAT Credit Rules, 2002 or the CENVAT Credit Rules, 2004 for the relevant period from April 2002 to March 2005. Rule 6(2) then expressly excluded inputs intended for use as fuel from the obligation to maintain separate accounts for dutiable and exempted goods, and that position continued under the 2004 Rules before amendment. The credit related only to fuel, and settled High Court and Tribunal precedent supported allowability. The lower appellate authority's order allowing credit was therefore upheld. Case-Laws Central Excise Mon, 19 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255843