https://www.taxtmi.com/caselaws?id=53805 Under the broad definition of "factory" in section 2(e) of the Central Excise Act, premises where manufacturing activity occurs within the precincts qualify for Cenvat purposes. Furnace oil stored and used inside the factory for generating steam was treated as having been used within the factory premises, and the assessee was found to have complied with Rule 57AB of the CENVAT Credit Rules. Credit on the furnace oil was therefore admissible, and the denial of credit and associated penalty were set aside as unjustified. en-us Tue, 15 Feb 2005 00:00:00 +0530 Fri, 15 Oct 2010 12:41:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53805 Under the broad definition of "factory" in section 2(e) of the Central Excise Act, premises where manufacturing activity occurs within the precincts qualify for Cenvat purposes. Furnace oil stored and used inside the factory for generating steam was treated as having been used within the factory premises, and the assessee was found to have complied with Rule 57AB of the CENVAT Credit Rules. Credit on the furnace oil was therefore admissible, and the denial of credit and associated penalty were set aside as unjustified. Case-Laws Central Excise Tue, 15 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53805