https://www.taxtmi.com/caselaws?id=110043 Cenvat credit had to be utilised in the sequence prescribed by Notification No. 48/2000-C.E. (N.T.), which required credit taken up to 15-8-2000 to be used for duty on clearances made in the first fortnight of August 2000 on 20-8-2000. Credit taken during 16-8-2000 to 19-8-2000 could not be used instead for those earlier clearances. Using credit contrary to that temporal restriction was treated as a violation of the Central Excise Rules and attracted penalty. The penalty was upheld and the challenge failed. en-us Wed, 15 Oct 2003 00:00:00 +0530 Fri, 13 Apr 2012 15:15:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110043 Cenvat credit had to be utilised in the sequence prescribed by Notification No. 48/2000-C.E. (N.T.), which required credit taken up to 15-8-2000 to be used for duty on clearances made in the first fortnight of August 2000 on 20-8-2000. Credit taken during 16-8-2000 to 19-8-2000 could not be used instead for those earlier clearances. Using credit contrary to that temporal restriction was treated as a violation of the Central Excise Rules and attracted penalty. The penalty was upheld and the challenge failed. Case-Laws Central Excise Wed, 15 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110043