https://www.taxtmi.com/caselaws?id=218101 Interest liability on wrongly taken Cenvat credit required fresh examination because the legal position under Rule 14 of the Cenvat Credit Rules, 2004 had changed. The credit had been reversed before adjudication, the penalty demand had already been set aside, and the surrounding facts suggested revenue-neutral circumstances. In view of these factors, the earlier order could not be treated as final on the issue of interest. The impugned order was set aside and the matter remanded to the Commissioner (Appeals) for a fresh decision after giving the assessee a reasonable opportunity of hearing. en-us Fri, 06 Jan 2012 00:00:00 +0530 Wed, 26 Sep 2012 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218101 Interest liability on wrongly taken Cenvat credit required fresh examination because the legal position under Rule 14 of the Cenvat Credit Rules, 2004 had changed. The credit had been reversed before adjudication, the penalty demand had already been set aside, and the surrounding facts suggested revenue-neutral circumstances. In view of these factors, the earlier order could not be treated as final on the issue of interest. The impugned order was set aside and the matter remanded to the Commissioner (Appeals) for a fresh decision after giving the assessee a reasonable opportunity of hearing. Case-Laws Central Excise Fri, 06 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218101