https://www.taxtmi.com/caselaws?id=179209 Available Cenvat credit may be used to discharge duty crystallised later in settlement proceedings where no express prohibition exists, and the majority treated even credit from another unit as usable in the circumstances, noting departmental knowledge and no timely objection. On interest, the liability had to be recomputed on the settled duty amount, but the cash deposit already made could not be adjusted against interest, which had to be paid in cash subject to verification. A dissent took the view that Cenvat credit is factory-specific and that credit from another unit could not be used. en-us Tue, 26 Jul 2011 00:00:00 +0530 Tue, 23 Feb 2016 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179209 Available Cenvat credit may be used to discharge duty crystallised later in settlement proceedings where no express prohibition exists, and the majority treated even credit from another unit as usable in the circumstances, noting departmental knowledge and no timely objection. On interest, the liability had to be recomputed on the settled duty amount, but the cash deposit already made could not be adjusted against interest, which had to be paid in cash subject to verification. A dissent took the view that Cenvat credit is factory-specific and that credit from another unit could not be used. Case-Laws Central Excise Tue, 26 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179209