https://www.taxtmi.com/caselaws?id=330428 Cenvat credit on input fuel used to generate electricity later applied in manufacturing dutiable and exempted goods was treated as inadmissible on merits, following Supreme Court, Tribunal and Gujarat High Court authority, so the Revenue succeeded on the substantive credit issue. However, the extended period of limitation and penalty for non-maintenance of separate accounts were held unsustainable because the applicable credit scheme did not require separate accounts for that fuel input during the relevant period and no suppression of facts was established. The demand beyond the normal period and the penalty therefore could not stand, even though the assessee lost on credit eligibility. en-us Thu, 07 Jul 2016 00:00:00 +0530 Tue, 10 Jan 2017 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330428 Cenvat credit on input fuel used to generate electricity later applied in manufacturing dutiable and exempted goods was treated as inadmissible on merits, following Supreme Court, Tribunal and Gujarat High Court authority, so the Revenue succeeded on the substantive credit issue. However, the extended period of limitation and penalty for non-maintenance of separate accounts were held unsustainable because the applicable credit scheme did not require separate accounts for that fuel input during the relevant period and no suppression of facts was established. The demand beyond the normal period and the penalty therefore could not stand, even though the assessee lost on credit eligibility. Case-Laws Central Excise Thu, 07 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330428