https://www.taxtmi.com/caselaws?id=325289 The Tribunal allowed the appeal in favor of the appellant, setting aside the impugned order. It held that interest liability cannot be confirmed if the credit remains unutilized, as it is a mere book entry. The penalty imposed was deemed outside the scope of the show cause notice as it predated the relevant legal changes. The appellant was not liable for interest amount and penalty imposition, based on specific legal provisions and precedents cited during the analysis. en-us Tue, 23 Jun 2015 00:00:00 +0530 Mon, 28 Aug 2017 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325289 The Tribunal allowed the appeal in favor of the appellant, setting aside the impugned order. It held that interest liability cannot be confirmed if the credit remains unutilized, as it is a mere book entry. The penalty imposed was deemed outside the scope of the show cause notice as it predated the relevant legal changes. The appellant was not liable for interest amount and penalty imposition, based on specific legal provisions and precedents cited during the analysis. Case-Laws Central Excise Tue, 23 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325289