https://www.taxtmi.com/caselaws?id=4501 The Tribunal set aside the interest demand on excess Cenvat credit availed by the appellant, citing that interest is not payable if the credit was not utilized, in line with a High Court judgment. The Tribunal found the Ld. Commissioner (Appeals) failed to provide reasoning for the interest demand, leading to its unsustainability. However, the penalty imposed on the appellant was upheld as unchallenged. en-us Thu, 21 Feb 2008 00:00:00 +0530 Fri, 11 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4501 The Tribunal set aside the interest demand on excess Cenvat credit availed by the appellant, citing that interest is not payable if the credit was not utilized, in line with a High Court judgment. The Tribunal found the Ld. Commissioner (Appeals) failed to provide reasoning for the interest demand, leading to its unsustainability. However, the penalty imposed on the appellant was upheld as unchallenged. Case-Laws Central Excise Thu, 21 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4501