https://www.taxtmi.com/caselaws?id=893 Cenvat credit on furnace oil, RFO and LDO used as fuel in manufacturing exempted goods was not required to be reversed. The Tribunal applied the fuel exclusion under the Cenvat credit rules and held that inputs intended for use as fuel fall outside the reversal mechanism, even where the manufacturer clears both dutiable and exempted products. It followed the Division Bench view that credit on furnace oil used as fuel is admissible and cannot be denied merely because exempted goods are also manufactured. Revenue's challenge therefore failed. en-us Tue, 17 Oct 2006 00:00:00 +0530 Mon, 14 Dec 2015 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=893 Cenvat credit on furnace oil, RFO and LDO used as fuel in manufacturing exempted goods was not required to be reversed. The Tribunal applied the fuel exclusion under the Cenvat credit rules and held that inputs intended for use as fuel fall outside the reversal mechanism, even where the manufacturer clears both dutiable and exempted products. It followed the Division Bench view that credit on furnace oil used as fuel is admissible and cannot be denied merely because exempted goods are also manufactured. Revenue's challenge therefore failed. Case-Laws Central Excise Tue, 17 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=893