https://www.taxtmi.com/caselaws?id=390133 The Tribunal allowed the appeal, determining that the appellant rightly availed Cenvat Credit on Furnace Oil used for electricity generation, even if not all electricity was directly related to manufacturing activities. The denial of credit was overturned, and consequential benefits were granted, as the Tribunal found the appellant's actions compliant with the Cenvat Credit Rules and relevant legislative intent. The penalty imposed was set aside due to the absence of mala fide intention. en-us Fri, 01 Nov 2019 00:00:00 +0530 Mon, 23 Dec 2019 20:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390133 The Tribunal allowed the appeal, determining that the appellant rightly availed Cenvat Credit on Furnace Oil used for electricity generation, even if not all electricity was directly related to manufacturing activities. The denial of credit was overturned, and consequential benefits were granted, as the Tribunal found the appellant's actions compliant with the Cenvat Credit Rules and relevant legislative intent. The penalty imposed was set aside due to the absence of mala fide intention. Case-Laws Central Excise Fri, 01 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390133