https://www.taxtmi.com/caselaws?id=190742 The appeal was allowed, and interest on unutilized Cenvat credit was deemed irrecoverable due to the circumstances of the case. No penalty was imposed for the breach of law as the recovery of Cenvat credit became impracticable after a belated show cause notice was issued following the credit reversal, and there was no mala fide intent by the appellant. The judgment considered the operating mechanism of Rule 14 of Cenvat Credit Rules, leading to the decision in favor of the appellant. en-us Thu, 12 Sep 2013 00:00:00 +0530 Fri, 24 Feb 2017 15:11:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190742 The appeal was allowed, and interest on unutilized Cenvat credit was deemed irrecoverable due to the circumstances of the case. No penalty was imposed for the breach of law as the recovery of Cenvat credit became impracticable after a belated show cause notice was issued following the credit reversal, and there was no mala fide intent by the appellant. The judgment considered the operating mechanism of Rule 14 of Cenvat Credit Rules, leading to the decision in favor of the appellant. Case-Laws Service Tax Thu, 12 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190742