https://www.taxtmi.com/caselaws?id=103819 An assessee cannot unilaterally take credit of a refund amount while the refund claim remains pending and no written sanction or permission for self-adjustment has been granted by the competent authority. Such suo motu credit is therefore not legally permissible. However, where the department is aware of the entry and the amount is later reversed, the irregularity by itself does not justify penal consequences or interest. The document states that penalty and interest were not warranted on these facts, even though the initial credit was unauthorised. en-us Wed, 12 Dec 2001 00:00:00 +0530 Fri, 24 Feb 2012 17:07:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103819 An assessee cannot unilaterally take credit of a refund amount while the refund claim remains pending and no written sanction or permission for self-adjustment has been granted by the competent authority. Such suo motu credit is therefore not legally permissible. However, where the department is aware of the entry and the amount is later reversed, the irregularity by itself does not justify penal consequences or interest. The document states that penalty and interest were not warranted on these facts, even though the initial credit was unauthorised. Case-Laws Central Excise Wed, 12 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103819