https://www.taxtmi.com/caselaws?id=176755 The Tribunal upheld the Commissioner (Appeals) decision to set aside the interest and penalty imposed on the respondents for the reversal of cenvat credit under the DEPB scheme. The Tribunal determined that the respondents were not liable for interest on the credit already reversed, citing relevant case laws and precedents. The Revenue's appeal was rejected, and the impugned order was upheld, with the cross objection filed by the respondent disposed of accordingly. The decision was pronounced on 24.4.2015. en-us Fri, 24 Apr 2015 00:00:00 +0530 Mon, 28 Dec 2015 21:08:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176755 The Tribunal upheld the Commissioner (Appeals) decision to set aside the interest and penalty imposed on the respondents for the reversal of cenvat credit under the DEPB scheme. The Tribunal determined that the respondents were not liable for interest on the credit already reversed, citing relevant case laws and precedents. The Revenue's appeal was rejected, and the impugned order was upheld, with the cross objection filed by the respondent disposed of accordingly. The decision was pronounced on 24.4.2015. Case-Laws Central Excise Fri, 24 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176755