https://www.taxtmi.com/caselaws?id=267181 The HC struck down the words "without utilizing the CENVAT Credit" in Rule 8(3A) of the 2002 Rules as arbitrary and unreasonable, thereby invalidating the disallowance of unutilized CENVAT credit benefits for minor defaults. The court upheld the amendment effective from 11.7.2014, which replaced outright disallowance with a penalty of 1% per month on the defaulted amount. Following precedents from GUJ HC and MAD HC, the matter was remanded, and the decision favored the assessee. en-us Thu, 20 Aug 2015 00:00:00 +0530 Fri, 25 Jul 2025 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267181 The HC struck down the words "without utilizing the CENVAT Credit" in Rule 8(3A) of the 2002 Rules as arbitrary and unreasonable, thereby invalidating the disallowance of unutilized CENVAT credit benefits for minor defaults. The court upheld the amendment effective from 11.7.2014, which replaced outright disallowance with a penalty of 1% per month on the defaulted amount. Following precedents from GUJ HC and MAD HC, the matter was remanded, and the decision favored the assessee. Case-Laws Central Excise Thu, 20 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267181