https://www.taxtmi.com/caselaws?id=251082 The Tribunal upheld the demand for excise duty payment along with interest, allowing re-credit of erroneously utilized Cenvat credit. The penalty under Section 11AC was set aside, while the penalty under Rule 25 was upheld. The appellant's argument against interest payment due to using Cenvat credit was rejected, and they were directed to deposit 10% of the penalty amount within a specified timeline. Compliance reporting was required by a specific date, with the balance duty, interest, and penalty recovery stayed pending the appeal's outcome. en-us Mon, 07 Oct 2013 00:00:00 +0530 Wed, 03 Sep 2014 10:50:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251082 The Tribunal upheld the demand for excise duty payment along with interest, allowing re-credit of erroneously utilized Cenvat credit. The penalty under Section 11AC was set aside, while the penalty under Rule 25 was upheld. The appellant's argument against interest payment due to using Cenvat credit was rejected, and they were directed to deposit 10% of the penalty amount within a specified timeline. Compliance reporting was required by a specific date, with the balance duty, interest, and penalty recovery stayed pending the appeal's outcome. Case-Laws Central Excise Mon, 07 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251082