https://www.taxtmi.com/caselaws?id=262765 The appellant, a manufacturer of excisable goods, defaulted in paying excise duty net of CENVAT credit. The Tribunal held that duty paid through CENVAT credit during default is not an appropriate discharge of duty liability, requiring interest payment from each clearance until the default ends. The appellant was directed to calculate and pre-deposit such interest and penalty. The High Court allowed the appeal, setting aside the Tribunal's order on pre-deposit and remanding the matter for further consideration on merits, emphasizing that immediate answers were not necessary. en-us Thu, 25 Jun 2015 00:00:00 +0530 Sat, 02 Jan 2016 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262765 The appellant, a manufacturer of excisable goods, defaulted in paying excise duty net of CENVAT credit. The Tribunal held that duty paid through CENVAT credit during default is not an appropriate discharge of duty liability, requiring interest payment from each clearance until the default ends. The appellant was directed to calculate and pre-deposit such interest and penalty. The High Court allowed the appeal, setting aside the Tribunal's order on pre-deposit and remanding the matter for further consideration on merits, emphasizing that immediate answers were not necessary. Case-Laws Central Excise Thu, 25 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262765