https://www.taxtmi.com/caselaws?id=265981 The appellant utilized Additional Duty of Customs as Cenvat credit without proper authorization, leading to payment of interest for the erroneous utilization. The absence of malafide resulted in no penalty imposition. The judgment directed verification of credit utilized, calculation of interest, and instructed payment accordingly, with the possibility of adjustment. Due to confusion and uncertainty in the law, no penalty was imposed, and the matter was remitted for fair verification of interest payment. The appeal was disposed of under these terms, resolving the stay application as well. en-us Mon, 06 Jul 2015 00:00:00 +0530 Tue, 16 Feb 2016 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265981 The appellant utilized Additional Duty of Customs as Cenvat credit without proper authorization, leading to payment of interest for the erroneous utilization. The absence of malafide resulted in no penalty imposition. The judgment directed verification of credit utilized, calculation of interest, and instructed payment accordingly, with the possibility of adjustment. Due to confusion and uncertainty in the law, no penalty was imposed, and the matter was remitted for fair verification of interest payment. The appeal was disposed of under these terms, resolving the stay application as well. Case-Laws Central Excise Mon, 06 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265981