https://www.taxtmi.com/caselaws?id=241674 The court upheld the Commissioner (Appeals) decision, ruling that Cenvat credit could not be denied solely based on the timing of credit availed, as long as the goods were eventually received by the factory. The Judge emphasized that only interest could be charged for irregularly taken credit, dismissing the Revenue's appeal and affirming the reduction of penalty by the Commissioner (Appeals). en-us Wed, 20 Feb 2013 00:00:00 +0530 Mon, 30 Dec 2013 08:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241674 The court upheld the Commissioner (Appeals) decision, ruling that Cenvat credit could not be denied solely based on the timing of credit availed, as long as the goods were eventually received by the factory. The Judge emphasized that only interest could be charged for irregularly taken credit, dismissing the Revenue's appeal and affirming the reduction of penalty by the Commissioner (Appeals). Case-Laws Central Excise Wed, 20 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241674