https://www.taxtmi.com/caselaws?id=265003 The Tribunal ruled in favor of the appellant, setting aside the demand for interest on credit availed and reversed on inputs cleared between two units of the same company. The Tribunal found that the appellant did not contravene Cenvat Credit Rules, as the inter-unit transfers did not result in the utilization of credit by the second unit. Emphasizing compliance with CCR provisions and citing legal precedents, the Tribunal concluded that the demand for interest beyond the limitation period was not sustainable. Consequently, the appeal was allowed, and the penalty imposed was also set aside. en-us Tue, 17 Mar 2015 00:00:00 +0530 Mon, 05 Oct 2015 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265003 The Tribunal ruled in favor of the appellant, setting aside the demand for interest on credit availed and reversed on inputs cleared between two units of the same company. The Tribunal found that the appellant did not contravene Cenvat Credit Rules, as the inter-unit transfers did not result in the utilization of credit by the second unit. Emphasizing compliance with CCR provisions and citing legal precedents, the Tribunal concluded that the demand for interest beyond the limitation period was not sustainable. Consequently, the appeal was allowed, and the penalty imposed was also set aside. Case-Laws Central Excise Tue, 17 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265003