https://www.taxtmi.com/caselaws?id=264877 The Tribunal set aside the demand of interest on wrongly availed cenvat credit for manufacturing TMT Bars, emphasizing adherence to limitation periods for issuing show cause notices and demanding interest under the Central Excise Act. The decision highlighted the necessity of linking interest payment liability with prescribed limitation periods, ultimately allowing the appeal with consequential relief and dropping the penalty under Section 11AC due to the absence of intent to evade duty payment. en-us Mon, 16 Feb 2015 00:00:00 +0530 Sun, 04 Oct 2015 12:35:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264877 The Tribunal set aside the demand of interest on wrongly availed cenvat credit for manufacturing TMT Bars, emphasizing adherence to limitation periods for issuing show cause notices and demanding interest under the Central Excise Act. The decision highlighted the necessity of linking interest payment liability with prescribed limitation periods, ultimately allowing the appeal with consequential relief and dropping the penalty under Section 11AC due to the absence of intent to evade duty payment. Case-Laws Central Excise Mon, 16 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264877