https://www.taxtmi.com/caselaws?id=78987 The Appellate Tribunal allowed the appeal, setting aside the order-in-original that demanded interest on availed cenvat credit for damaged inputs. The Tribunal found the demand of interest improper, as the damaged inputs were noticed upon arrival, some were used, and the unusable ones were scrapped with credit reversal. Precedents were cited to support the decision, highlighting the absence of fraud or suppression of facts and the inapplicability of Rule 14 of the Cenvat Credit Rules, 2004. The appeal was granted without interest imposition, providing consequential relief to the appellant. en-us Fri, 23 Apr 2010 00:00:00 +0530 Wed, 29 Dec 2010 12:53:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78987 The Appellate Tribunal allowed the appeal, setting aside the order-in-original that demanded interest on availed cenvat credit for damaged inputs. The Tribunal found the demand of interest improper, as the damaged inputs were noticed upon arrival, some were used, and the unusable ones were scrapped with credit reversal. Precedents were cited to support the decision, highlighting the absence of fraud or suppression of facts and the inapplicability of Rule 14 of the Cenvat Credit Rules, 2004. The appeal was granted without interest imposition, providing consequential relief to the appellant. Case-Laws Central Excise Fri, 23 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78987