I have a case with CESTAT, E Zone Bench, Kolkata regarding the CENVAT Credit Wrongly taken, where a interest demand has been made by the Adjudication. The case was Call on by the Hon'ble Member of the Bench, but the case has been presently reschedule on 16.09.2016
I need the latest case laws regarding the matter
Party Appeals Dismissal of Wrongful CENVAT Credit Case for 2005-07; CESTAT to Review Procedural Oversights A discussion in a legal forum revolves around a case concerning the wrongful availing of CENVAT credit by a party. The party mistakenly took credit on clearing, forwarding, and port charges during the financial years 2005-06 and 2006-07 but did not utilize it. Although initially waived by the adjudicating authority, the decision was contested by the Commissioner, leading to an appeal. The appeal was dismissed due to procedural oversights, prompting the party to approach the CESTAT, E. Zone Bench, Kolkata. Participants in the forum provide case law references and opinions to assist in the ongoing legal proceedings. (AI Summary)