https://www.taxtmi.com/caselaws?id=121553 CENVAT credit reversed before the show cause notice, with interest also paid, so interest under Section 11AB and penalty under Rule 13 were not sustainable. The Tribunal noted that the authorities recorded no finding of suppression, fraud, or willful misstatement, yet still confirmed demand and penalty on grounds broader than the notice. As the statutory ingredients for invoking Rule 13 were not established on the facts found, the interest and penalty were set aside. en-us Fri, 13 Apr 2007 00:00:00 +0530 Tue, 31 Jul 2012 15:36:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121553 CENVAT credit reversed before the show cause notice, with interest also paid, so interest under Section 11AB and penalty under Rule 13 were not sustainable. The Tribunal noted that the authorities recorded no finding of suppression, fraud, or willful misstatement, yet still confirmed demand and penalty on grounds broader than the notice. As the statutory ingredients for invoking Rule 13 were not established on the facts found, the interest and penalty were set aside. Case-Laws Central Excise Fri, 13 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121553