https://www.taxtmi.com/caselaws?id=3075 The Tribunal held that the Revenue's demand for interest on the balance CENVAT credit amount was unjustified. Since the original taking and utilization of the credit on wire rods for MS wires was not questioned, and there was no wrongful taking of credit initially, the Tribunal set aside the order and allowed the appeal. The judgment emphasizes the necessity of proving wrongful taking or utilization of credit to support a demand for interest under Rule 14 of the CENVAT Credit Rules, 2004. en-us Tue, 16 Oct 2007 00:00:00 +0530 Wed, 16 Apr 2008 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3075 The Tribunal held that the Revenue's demand for interest on the balance CENVAT credit amount was unjustified. Since the original taking and utilization of the credit on wire rods for MS wires was not questioned, and there was no wrongful taking of credit initially, the Tribunal set aside the order and allowed the appeal. The judgment emphasizes the necessity of proving wrongful taking or utilization of credit to support a demand for interest under Rule 14 of the CENVAT Credit Rules, 2004. Case-Laws Central Excise Tue, 16 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3075