https://www.taxtmi.com/caselaws?id=210149 Wrongly availed Cenvat credit reversed before issuance of the show cause notice need not be confirmed where the notice does not seek recovery of that credit; deletion of the credit demand is therefore maintained. Interest remains payable under Rule 13 of the Cenvat Credit Rules, 2002 read with Section 11AB of the Central Excise Act, 1944 for wrongful availment of Cenvat credit, notwithstanding prior reversal. Penalty may be declined on the facts. The appeal succeeds only to the extent of restoring interest, while deletion of the credit demand and penalty continues. en-us Wed, 04 May 2011 00:00:00 +0530 Mon, 26 Nov 2012 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210149 Wrongly availed Cenvat credit reversed before issuance of the show cause notice need not be confirmed where the notice does not seek recovery of that credit; deletion of the credit demand is therefore maintained. Interest remains payable under Rule 13 of the Cenvat Credit Rules, 2002 read with Section 11AB of the Central Excise Act, 1944 for wrongful availment of Cenvat credit, notwithstanding prior reversal. Penalty may be declined on the facts. The appeal succeeds only to the extent of restoring interest, while deletion of the credit demand and penalty continues. Case-Laws Central Excise Wed, 04 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210149