https://www.taxtmi.com/caselaws?id=219284 The Tribunal upheld the decision requiring the appellant to pay interest on the improperly availed Cenvat credit amount that had been reversed. The appellant was also granted the benefit of Section 11AC of the Central Excise Act, 1944, allowing for a penalty of 25% of the duty if the interest and penalty were paid within thirty days. The appellant was directed to pay the penalty amounting to 25% of the ineligible Cenvat credit, subject to fulfilling the specified conditions within the designated timeframe. en-us Wed, 04 Apr 2012 00:00:00 +0530 Fri, 05 Oct 2012 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219284 The Tribunal upheld the decision requiring the appellant to pay interest on the improperly availed Cenvat credit amount that had been reversed. The appellant was also granted the benefit of Section 11AC of the Central Excise Act, 1944, allowing for a penalty of 25% of the duty if the interest and penalty were paid within thirty days. The appellant was directed to pay the penalty amounting to 25% of the ineligible Cenvat credit, subject to fulfilling the specified conditions within the designated timeframe. Case-Laws Central Excise Wed, 04 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219284