https://www.taxtmi.com/caselaws?id=243970 The appellant's appeal regarding the availment of Cenvat credit on inputs cleared without paying appropriate duty, short payment of duty, invocation of extended period due to non-modification of software, and imposition of penalty and interest was partially successful. The appellant paid the adjusted amount upon identification of errors, with the Commissioner accepting the software-related explanation for short payment. The penalty was set aside due to a genuine mistake, but interest payment was upheld based on current legal interpretations. The judgment emphasizes compliance with duty regulations, software impact on tax calculations, and the evolving understanding of interest liabilities. en-us Fri, 30 Sep 2011 00:00:00 +0530 Fri, 14 Feb 2014 11:40:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243970 The appellant's appeal regarding the availment of Cenvat credit on inputs cleared without paying appropriate duty, short payment of duty, invocation of extended period due to non-modification of software, and imposition of penalty and interest was partially successful. The appellant paid the adjusted amount upon identification of errors, with the Commissioner accepting the software-related explanation for short payment. The penalty was set aside due to a genuine mistake, but interest payment was upheld based on current legal interpretations. The judgment emphasizes compliance with duty regulations, software impact on tax calculations, and the evolving understanding of interest liabilities. Case-Laws Central Excise Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243970