https://www.taxtmi.com/caselaws?id=197199 Cenvat credit on inputs used as fuel was held inadmissible where the inputs were used in the manufacture of exempted final products, applying the binding Supreme Court position on exclusion of credit for inputs used for exempt output. The challenge to the credit therefore failed. On interest, the document states that the availability of utilizable input credit during the period of default must be examined to see whether the demand could have been met by adjustment; if credit was available, interest would not arise on the adjusted amount, and any liability would be confined to the shortfall. The interest issue was remitted for fresh factual determination. en-us Fri, 02 Sep 2016 00:00:00 +0530 Sat, 30 Dec 2017 08:41:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197199 Cenvat credit on inputs used as fuel was held inadmissible where the inputs were used in the manufacture of exempted final products, applying the binding Supreme Court position on exclusion of credit for inputs used for exempt output. The challenge to the credit therefore failed. On interest, the document states that the availability of utilizable input credit during the period of default must be examined to see whether the demand could have been met by adjustment; if credit was available, interest would not arise on the adjusted amount, and any liability would be confined to the shortfall. The interest issue was remitted for fresh factual determination. Case-Laws Central Excise Fri, 02 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197199