https://www.taxtmi.com/caselaws?id=34235 The Tribunal allowed the appeals in favor of the public sector units regarding the disallowance of Modvat credit on oil and grease and furnace oil for electricity generation and supply. The Tribunal held that the appellants were entitled to the credit, considering the circumstances, verification provided, and relevant tribunal decisions cited. The penalty imposed on the public sector appellants was overturned, and the impugned order was set aside. en-us Tue, 02 Sep 2008 00:00:00 +0530 Wed, 29 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34235 The Tribunal allowed the appeals in favor of the public sector units regarding the disallowance of Modvat credit on oil and grease and furnace oil for electricity generation and supply. The Tribunal held that the appellants were entitled to the credit, considering the circumstances, verification provided, and relevant tribunal decisions cited. The penalty imposed on the public sector appellants was overturned, and the impugned order was set aside. Case-Laws Central Excise Tue, 02 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34235