https://www.taxtmi.com/caselaws?id=125069 Differential Cenvat credit was held unsustainable where the excess credit taken initially was later matched by receipt of the short-delivered material and no revenue loss was shown. The demand of duty was therefore set aside. The initial excess availment was still treated as a lapse attracting penalty, so penalty was sustained in principle but reduced to a lower amount in light of the facts and the limited quantum involved. en-us Wed, 10 Sep 2008 00:00:00 +0530 Fri, 19 Oct 2012 12:03:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125069 Differential Cenvat credit was held unsustainable where the excess credit taken initially was later matched by receipt of the short-delivered material and no revenue loss was shown. The demand of duty was therefore set aside. The initial excess availment was still treated as a lapse attracting penalty, so penalty was sustained in principle but reduced to a lower amount in light of the facts and the limited quantum involved. Case-Laws Central Excise Wed, 10 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125069