https://www.taxtmi.com/forum/issue?id=110867 Interest on wrongly availed CENVAT credit may be waived only if contemporaneous CENVAT account records demonstrate the wrongly taken amount was discharged from the CENVAT account and the account balance always exceeded the reversal; if the credit was accepted and paid from non CENVAT sources, interest is payable. Applicability of precedents turns on the time period when credit was availed and reversed. en-us Thu, 01 Sep 2016 13:37:42 +0530 Thu, 23 Jan 2025 15:56:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110867 Interest on wrongly availed CENVAT credit may be waived only if contemporaneous CENVAT account records demonstrate the wrongly taken amount was discharged from the CENVAT account and the account balance always exceeded the reversal; if the credit was accepted and paid from non CENVAT sources, interest is payable. Applicability of precedents turns on the time period when credit was availed and reversed. Discussion-Forum Central Excise Thu, 01 Sep 2016 13:37:42 +0530 https://www.taxtmi.com/forum/issue?id=110867