https://www.taxtmi.com/caselaws?id=303834 The Tribunal ruled in favor of the appellant, allowing them to avail Cenvat Credit on furnace oil used in manufacturing fuel oil. The Tribunal found that the blending process resulted in a new product, justifying the credit. Additionally, the appellant's disclosure of activities and credit availment negated allegations of mis-declaration and suppression of facts. The Tribunal held that the extended period of limitation was inapplicable due to the appellant's full disclosure. No penalty was imposed as there was no suppression of facts. The appeal was allowed, setting aside the impugned order and granting consequential relief. en-us Tue, 06 Aug 2019 00:00:00 +0530 Thu, 18 Aug 2022 08:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303834 The Tribunal ruled in favor of the appellant, allowing them to avail Cenvat Credit on furnace oil used in manufacturing fuel oil. The Tribunal found that the blending process resulted in a new product, justifying the credit. Additionally, the appellant's disclosure of activities and credit availment negated allegations of mis-declaration and suppression of facts. The Tribunal held that the extended period of limitation was inapplicable due to the appellant's full disclosure. No penalty was imposed as there was no suppression of facts. The appeal was allowed, setting aside the impugned order and granting consequential relief. Case-Laws Central Excise Tue, 06 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303834