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2012 (7) TMI 291 - CESTAT, CHENNAICENVAT credit on furnace oil used for generation of power and transmitted to other company - Held that:- Appellant fairly agreed that first appellate authority was justified to direct the appellant to reverse the CENVAT Credit availed on the furnace oil utilised for purpose otherwise than in manufacture and transmission of such power to other units - the matter may go back to learned adjudicating authority to compute the quantum to be reversed.
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