Court Rules "OR" Cannot Be Interpreted as "AND" for Interest on Wrongful CENVAT Credit; Affects Legal Obligations. https://www.taxtmi.com/highlights?id=22914 Demand of interest on wrong availment of CENVAT Credit - we find no reason to read the word "OR" in between the expressions 'taken' or 'utilized wrongly' or has been erroneously refunded' as the word "AND". - HC en-us Tue, 12 May 2015 19:29:33 +0530 Tue, 12 May 2015 19:29:33 +0530 TaxTMI RSS Generator Court Rules "OR" Cannot Be Interpreted as "AND" for Interest on Wrongful CENVAT Credit; Affects Legal Obligations. https://www.taxtmi.com/highlights?id=22914 Demand of interest on wrong availment of CENVAT Credit - we find no reason to read the word "OR" in between the expressions 'taken' or 'utilized wrongly' or has been erroneously refunded' as the word "AND". - HC Highlights Central Excise Tue, 12 May 2015 19:29:33 +0530 https://www.taxtmi.com/highlights?id=22914