Court Confirms Interest on Misused CENVAT Credit for Excise Duties, Overturns Penalties. https://www.taxtmi.com/highlights?id=22170 Cross Utilization of CENVAT Credit - wrong utilization of Additional Duty of Excise (T&TA) for the payment of Basic Excise Duty and AED (GOSI) - levy of interest confirmed - though penalty set aside - HC en-us Fri, 20 Mar 2015 03:49:18 +0530 Fri, 20 Mar 2015 03:49:18 +0530 TaxTMI RSS Generator Court Confirms Interest on Misused CENVAT Credit for Excise Duties, Overturns Penalties. https://www.taxtmi.com/highlights?id=22170 Cross Utilization of CENVAT Credit - wrong utilization of Additional Duty of Excise (T&TA) for the payment of Basic Excise Duty and AED (GOSI) - levy of interest confirmed - though penalty set aside - HC Highlights Central Excise Fri, 20 Mar 2015 03:49:18 +0530 https://www.taxtmi.com/highlights?id=22170