Appeal on Cenvat Credit Dismissed for Delay in Reversal

The appeal by M/s. Vimal Enterprises regarding irregular availment of Cenvat Credit was dismissed by the Appellate Tribunal CESTAT, Bangalore. The Commissioner (Appeals) waived the penalty but sustained the demand of interest for delay in reversing the credit. The Tribunal found the demand of interest to be in accordance with the law and dismissed the appeal as there was no violation of natural justice principles.

---

---

The appeal by M/s. Vimal Enterprises regarding irregular availment of Cenvat Credit was dismissed by the Appellate Tribunal CESTAT, Bangalore. The Commissioner (Appeals) waived the penalty but sustained the demand of interest for delay in reversing the credit. The Tribunal found the demand of interest to be in accordance with the law and dismissed the appeal as there was no violation of natural justice principles.

---