Assessee Not Required to Reverse Cenvat Credit for Furnace Oil Used in Non-Excisable Goods Production, Says Court.

Reversal of Cenvat Credit on production of non-excisable goods namely Sludge - assessee cannot be called upon to suffer the reversal of Cenvat credit on the quantum of the input i.e. furnace oil equivalent to sludge on the ground that the same was not used in manufacture - AT .....

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