2005 (6) TMI 140

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..... llants have a power plant at Bharuch where credit is availed on furnace oil to generate electricity. This electricity is also transferred to another unit of the appellants at Vadodara. (b) Credit of furnace oil used in ratio to the electricity transferred to Vadodara is being reversed. (c) They filed a refund claim on 22-3-2001 for the period March 2000 to Jan 2001 with jurisdictional .....

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..... the fuel was used for non-duty paid fuel products/non-excisable goods as per this rule. The reversals, effected earlier, therefore were not called for. They were required to be corrected, by an accounting entry of a corresponding credit entry with a cross reference. Assessees are under an obligation to keep correct accounts. If an entry of debit i.e. Reversal was made, which was not called for it .....

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