https://www.taxtmi.com/caselaws?id=52680 Rule 6 of the CENVAT Credit Rules, 2002 does not require reversal of credit on inputs used as fuel, because fuel inputs are carved out from the restriction on credit for exempted goods. Where furnace oil and LSHS are used as fuel in a plant generating electricity for manufacturing both dutiable and exempted final products, the settled interpretation applied by the Tribunal is that no reversal or consequential demand arises on such fuel-based inputs. The credit allowing order was therefore sustained and the Revenue's challenge failed. en-us Thu, 01 Jan 2004 00:00:00 +0530 Fri, 28 Jun 2024 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52680 Rule 6 of the CENVAT Credit Rules, 2002 does not require reversal of credit on inputs used as fuel, because fuel inputs are carved out from the restriction on credit for exempted goods. Where furnace oil and LSHS are used as fuel in a plant generating electricity for manufacturing both dutiable and exempted final products, the settled interpretation applied by the Tribunal is that no reversal or consequential demand arises on such fuel-based inputs. The credit allowing order was therefore sustained and the Revenue's challenge failed. Case-Laws Central Excise Thu, 01 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52680