https://www.taxtmi.com/caselaws?id=266931 Where allowable deemed credit exceeded the duty liability and the record showed excess duty payment, no interest was payable on the alleged shortfall. The penalty was also unsustainable because the record did not establish mens rea or mala fides. On that basis, the demand for interest and penalty could not be maintained, and relief followed for the assessee. en-us Fri, 10 Jul 2015 00:00:00 +0530 Thu, 07 Jan 2016 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266931 Where allowable deemed credit exceeded the duty liability and the record showed excess duty payment, no interest was payable on the alleged shortfall. The penalty was also unsustainable because the record did not establish mens rea or mala fides. On that basis, the demand for interest and penalty could not be maintained, and relief followed for the assessee. Case-Laws Central Excise Fri, 10 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266931