https://www.taxtmi.com/caselaws?id=329890 The Tribunal set aside the impugned order, ruling in favor of the appellant, and allowed the appeal. The appellant had reversed the wrongly availed Cenvat credit before its utilization for payment of Central Excise Duty, resulting in no loss of revenue. The Tribunal held that interest demand for late reversal of Cenvat credit was not justified when no benefit was derived from the wrong entry, distinguishing a Supreme Court judgment cited by the Revenue. en-us Tue, 05 Jan 2016 00:00:00 +0530 Fri, 11 Nov 2016 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329890 The Tribunal set aside the impugned order, ruling in favor of the appellant, and allowed the appeal. The appellant had reversed the wrongly availed Cenvat credit before its utilization for payment of Central Excise Duty, resulting in no loss of revenue. The Tribunal held that interest demand for late reversal of Cenvat credit was not justified when no benefit was derived from the wrong entry, distinguishing a Supreme Court judgment cited by the Revenue. Case-Laws Central Excise Tue, 05 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329890