https://www.taxtmi.com/caselaws?id=116102 The Appellate Tribunal dismissed the stay petition in the case involving M/s. International Tobacco Co. Ltd. regarding the disallowance of Cenvat credit, penalty imposition, and detention of excisable goods for non-payment of interest. Despite the Appellant depositing the duty and penalty, the Tribunal found the detention for interest recovery unnecessary and coercive, as the full amount had been paid. The Tribunal emphasized procedural fairness and adherence to statutory provisions, ultimately scheduling the appeal for regular hearing on a later date. en-us Mon, 03 Jan 2005 00:00:00 +0530 Thu, 07 Jun 2012 12:54:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116102 The Appellate Tribunal dismissed the stay petition in the case involving M/s. International Tobacco Co. Ltd. regarding the disallowance of Cenvat credit, penalty imposition, and detention of excisable goods for non-payment of interest. Despite the Appellant depositing the duty and penalty, the Tribunal found the detention for interest recovery unnecessary and coercive, as the full amount had been paid. The Tribunal emphasized procedural fairness and adherence to statutory provisions, ultimately scheduling the appeal for regular hearing on a later date. Case-Laws Central Excise Mon, 03 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116102