https://www.taxtmi.com/caselaws?id=231288 The court upheld the Revenue's appeal, ruling in favor of the Revenue and setting aside the Commissioner's decision. The judge emphasized the necessity of interest payment for wrongly taken credit, as per Supreme Court precedent, and reinstated the adjudication order requiring the respondent to reverse a specific amount with interest. The dispute over interest payment and rebate sanction was resolved in favor of the Revenue, highlighting the importance of complying with Cenvat credit regulations. en-us Fri, 15 Mar 2013 00:00:00 +0530 Thu, 25 Apr 2013 15:05:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=231288 The court upheld the Revenue's appeal, ruling in favor of the Revenue and setting aside the Commissioner's decision. The judge emphasized the necessity of interest payment for wrongly taken credit, as per Supreme Court precedent, and reinstated the adjudication order requiring the respondent to reverse a specific amount with interest. The dispute over interest payment and rebate sanction was resolved in favor of the Revenue, highlighting the importance of complying with Cenvat credit regulations. Case-Laws Central Excise Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=231288