https://www.taxtmi.com/caselaws?id=206062 Deemed credit temporarily debarred for default in duty payment was treated as restorable after the debarment period, so demanding full duty for the same period was considered impermissible double recovery; the credit was to be regularised on payment of interest. Utilisation of credit during the debarment period remained a breach of the Central Excise Rules and attracted penalty, but the quantum was reduced in light of the overall circumstances. The result was limited relief on the credit issue, with penal consequences still sustained in modified form. en-us Wed, 06 Jul 2011 00:00:00 +0530 Sat, 09 Nov 2013 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206062 Deemed credit temporarily debarred for default in duty payment was treated as restorable after the debarment period, so demanding full duty for the same period was considered impermissible double recovery; the credit was to be regularised on payment of interest. Utilisation of credit during the debarment period remained a breach of the Central Excise Rules and attracted penalty, but the quantum was reduced in light of the overall circumstances. The result was limited relief on the credit issue, with penal consequences still sustained in modified form. Case-Laws Central Excise Wed, 06 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206062