2006 (8) TMI 488

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....der per : P.G. Chacko, Member (J) (Oral)]. - The short question arising for consideration in this appeal of the department is whether the respondents were liable, during the period of dispute (October 2000 to September 2001),to reverse Modvat credit availed on LSHS/furnace oil which was used for the manufacture of dutiable goods (cone yarn) and exempted goods (hank yarn). They were not maintaini....

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....D of the erstwhile Central Excise Rules, 1944 (present Rule 6 of the CENVAT Credit Rules, 2001), the assessee was not eligible for Cenvat Credit on LSHS/Furnace oil which was used in the manufacture of hank yarn. 3. After considering the submissions, we find that the lower appellate authority has found the fuels to be outside the purview of inputs covered under Rule 57AD (supra). This provis....