https://www.taxtmi.com/caselaws?id=364929 Exemption under Notification No. 67/95-C.E. was considered applicable to fuel oil and lean gas captively consumed in a refinery for generating electricity used in manufacturing petroleum products. The reasoning was that the benefit cannot be denied merely because the goods are captively consumed where no credit was availed on the inputs in question and the attributable Cenvat credit on input services was reversed under Rule 6 of the Cenvat Credit Rules, 2004. The view was treated as settled and supported by earlier decisions and a departmental circular, so the exemption remained available and the Revenue challenge failed. en-us Thu, 17 May 2018 00:00:00 +0530 Wed, 08 Aug 2018 08:03:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364929 Exemption under Notification No. 67/95-C.E. was considered applicable to fuel oil and lean gas captively consumed in a refinery for generating electricity used in manufacturing petroleum products. The reasoning was that the benefit cannot be denied merely because the goods are captively consumed where no credit was availed on the inputs in question and the attributable Cenvat credit on input services was reversed under Rule 6 of the Cenvat Credit Rules, 2004. The view was treated as settled and supported by earlier decisions and a departmental circular, so the exemption remained available and the Revenue challenge failed. Case-Laws Central Excise Thu, 17 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364929