https://www.taxtmi.com/caselaws?id=265514 The appeal against penalties under Section 11AC and interest under Section 11AB imposed by the Commissioner of Central Excise (Appeals) was partially successful. The penalty under Section 11AC was set aside as there was no determination under Section 11A(2) for the cenvat credit in question. However, the interest under Section 11AB was upheld, following the Supreme Court's ruling that interest is chargeable from the date of credit taken. One appeal was partly allowed, and the other was dismissed, with the judgment delivered on May 7, 2015. en-us Thu, 07 May 2015 00:00:00 +0530 Sat, 13 Feb 2016 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265514 The appeal against penalties under Section 11AC and interest under Section 11AB imposed by the Commissioner of Central Excise (Appeals) was partially successful. The penalty under Section 11AC was set aside as there was no determination under Section 11A(2) for the cenvat credit in question. However, the interest under Section 11AB was upheld, following the Supreme Court's ruling that interest is chargeable from the date of credit taken. One appeal was partly allowed, and the other was dismissed, with the judgment delivered on May 7, 2015. Case-Laws Central Excise Thu, 07 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265514