https://www.taxtmi.com/caselaws?id=266699 The Tribunal held that the appellant's excessive availment of CENVAT credit was due to inadvertent errors by clerical staff, not willful misconduct. The errors were acknowledged, corrected, and interest paid promptly. As there was no malafide intent and errors were isolated, the Tribunal found no justification for imposing a penalty on the appellant. The payment of interest was deemed penal in nature, and the errors were attributed to human error. Therefore, the Tribunal set aside the penalty, ruling in favor of the appellant on that ground. en-us Mon, 03 Aug 2015 00:00:00 +0530 Thu, 22 Oct 2015 21:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266699 The Tribunal held that the appellant's excessive availment of CENVAT credit was due to inadvertent errors by clerical staff, not willful misconduct. The errors were acknowledged, corrected, and interest paid promptly. As there was no malafide intent and errors were isolated, the Tribunal found no justification for imposing a penalty on the appellant. The payment of interest was deemed penal in nature, and the errors were attributed to human error. Therefore, the Tribunal set aside the penalty, ruling in favor of the appellant on that ground. Case-Laws Central Excise Mon, 03 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266699