https://www.taxtmi.com/caselaws?id=331149 The Tribunal held that the demand for interest on the utilization of Cenvat Credit in contravention of Rule 8(3A) of the Central Excise Rules, 2002 was unsustainable. Relying on judgments from the High Courts of Gujarat and Madras, it was determined that the provision restricting Cenvat Credit use during default was unconstitutional. As a result, the demand for additional interest was set aside, and the appeal was allowed in favor of the appellant. en-us Fri, 01 Jan 2016 00:00:00 +0530 Sat, 13 Aug 2016 13:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331149 The Tribunal held that the demand for interest on the utilization of Cenvat Credit in contravention of Rule 8(3A) of the Central Excise Rules, 2002 was unsustainable. Relying on judgments from the High Courts of Gujarat and Madras, it was determined that the provision restricting Cenvat Credit use during default was unconstitutional. As a result, the demand for additional interest was set aside, and the appeal was allowed in favor of the appellant. Case-Laws Central Excise Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331149