https://www.taxtmi.com/caselaws?id=245597 The Tribunal upheld the Revenue's appeal, ruling that interest should be charged on irregularly availed Cenvat credit due to fraudulent activities involving fake invoices and non-receipt of goods. The decision to reverse the credit and impose interest was based on overwhelming evidence of fraud, including issuance of fake invoices and lack of legitimacy in the credit availment process. The Commissioner (Appeals)'s decision to waive interest charges was overturned, emphasizing that fraud nullifies entitlement to credit, especially when fraudulently availed on fake invoices. en-us Tue, 11 Mar 2014 00:00:00 +0530 Thu, 03 Apr 2014 06:09:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245597 The Tribunal upheld the Revenue's appeal, ruling that interest should be charged on irregularly availed Cenvat credit due to fraudulent activities involving fake invoices and non-receipt of goods. The decision to reverse the credit and impose interest was based on overwhelming evidence of fraud, including issuance of fake invoices and lack of legitimacy in the credit availment process. The Commissioner (Appeals)'s decision to waive interest charges was overturned, emphasizing that fraud nullifies entitlement to credit, especially when fraudulently availed on fake invoices. Case-Laws Central Excise Tue, 11 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245597