https://www.taxtmi.com/caselaws?id=182528 The appellate tribunal upheld the decision of the Ld. Commissioner (Appeals) to set aside the penalty and interest imposed on the respondents for the denial of Cenvat credit. The respondents rectified the error by paying the duty liability before the show cause notice without contesting it during the proceedings. The tribunal considered the timely payment and a precedent from the Hon'ble High Court of Bombay, leading to the rejection of the revenue's appeal regarding the interest and penalty. en-us Fri, 06 Jul 2007 00:00:00 +0530 Thu, 12 May 2016 16:34:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182528 The appellate tribunal upheld the decision of the Ld. Commissioner (Appeals) to set aside the penalty and interest imposed on the respondents for the denial of Cenvat credit. The respondents rectified the error by paying the duty liability before the show cause notice without contesting it during the proceedings. The tribunal considered the timely payment and a precedent from the Hon'ble High Court of Bombay, leading to the rejection of the revenue's appeal regarding the interest and penalty. Case-Laws Central Excise Fri, 06 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182528