https://www.taxtmi.com/caselaws?id=358176 CENVAT credit on furnace oil used to generate steam for both dutiable and exempted goods was held inadmissible to the extent attributable to exempted production under Rule 6, and the merits were decided against the assessee. On limitation, the extended period could not be sustained because the penalty under Section 11AC had been dropped, no separate basis for extended limitation was recorded, and the Revenue had not challenged the penalty finding. The demand was therefore confined to the normal period, the extended-period demand was set aside, and the matter was remanded for fresh quantification of duty and interest for the surviving period. en-us Wed, 28 Mar 2018 00:00:00 +0530 Sat, 07 Apr 2018 07:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358176 CENVAT credit on furnace oil used to generate steam for both dutiable and exempted goods was held inadmissible to the extent attributable to exempted production under Rule 6, and the merits were decided against the assessee. On limitation, the extended period could not be sustained because the penalty under Section 11AC had been dropped, no separate basis for extended limitation was recorded, and the Revenue had not challenged the penalty finding. The demand was therefore confined to the normal period, the extended-period demand was set aside, and the matter was remanded for fresh quantification of duty and interest for the surviving period. Case-Laws Central Excise Wed, 28 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358176