https://www.taxtmi.com/caselaws?id=249535 The Tribunal found the demand for interest under Rule 14 of CCR prima facie justified, directing the applicant to make a predeposit of Rs. 1,00,000 within six weeks, with the waiver of the balance amount of interest and penalty during the appeal's pendency. The decision emphasized the need to prevent dual benefits and highlighted the issue of claiming unutilized credit as expenditure for Income Tax purposes while maintaining it in the Cenvat credit account for future use. en-us Tue, 11 Mar 2014 00:00:00 +0530 Wed, 16 Jul 2014 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249535 The Tribunal found the demand for interest under Rule 14 of CCR prima facie justified, directing the applicant to make a predeposit of Rs. 1,00,000 within six weeks, with the waiver of the balance amount of interest and penalty during the appeal's pendency. The decision emphasized the need to prevent dual benefits and highlighted the issue of claiming unutilized credit as expenditure for Income Tax purposes while maintaining it in the Cenvat credit account for future use. Case-Laws Central Excise Tue, 11 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249535