https://www.taxtmi.com/caselaws?id=271404 The Tribunal allowed the appeal, setting aside the Commissioner (Appeals) order confirming the recovery of interest under Section 11AB of the Central Excise Act, 1944. The Tribunal held that the demand for interest, issued three years after the voluntary reversal of inadmissible cenvat credit by the appellant, was barred by limitation as there was no suppression or misdeclaration of facts. The appellant successfully argued that the interest recovery was beyond a reasonable period and not sustainable. en-us Fri, 01 Jan 2016 00:00:00 +0530 Thu, 04 Feb 2016 07:00:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271404 The Tribunal allowed the appeal, setting aside the Commissioner (Appeals) order confirming the recovery of interest under Section 11AB of the Central Excise Act, 1944. The Tribunal held that the demand for interest, issued three years after the voluntary reversal of inadmissible cenvat credit by the appellant, was barred by limitation as there was no suppression or misdeclaration of facts. The appellant successfully argued that the interest recovery was beyond a reasonable period and not sustainable. Case-Laws Central Excise Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271404