https://www.taxtmi.com/caselaws?id=123695 The Tribunal allowed the Revenue's appeal, directing the payment of interest of Rs. 72,772/- at a rate of 24% per annum on the CENVAT Credit availed and reversed, in accordance with Section 112(2)(b) of the Finance Act, 2000. The decision emphasized the significance of adhering to statutory provisions for the payment of interest on duty credits to ensure legal compliance and enforcement. en-us Sat, 14 May 2005 00:00:00 +0530 Wed, 19 Sep 2012 14:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123695 The Tribunal allowed the Revenue's appeal, directing the payment of interest of Rs. 72,772/- at a rate of 24% per annum on the CENVAT Credit availed and reversed, in accordance with Section 112(2)(b) of the Finance Act, 2000. The decision emphasized the significance of adhering to statutory provisions for the payment of interest on duty credits to ensure legal compliance and enforcement. Case-Laws Central Excise Sat, 14 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123695