https://www.taxtmi.com/caselaws?id=344866 The Member (Judicial) upheld the chargeability of interest under Rule 14 for wrongly taken Cenvat credit, while setting aside the penalty imposed due to conflicting judicial precedents on the reversal of credit for exempted goods. The appeal was partially allowed, modifying the order to waive the penalty but affirming the interest charge. en-us Fri, 26 May 2017 00:00:00 +0530 Fri, 30 Jun 2017 07:10:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344866 The Member (Judicial) upheld the chargeability of interest under Rule 14 for wrongly taken Cenvat credit, while setting aside the penalty imposed due to conflicting judicial precedents on the reversal of credit for exempted goods. The appeal was partially allowed, modifying the order to waive the penalty but affirming the interest charge. Case-Laws Central Excise Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344866