https://www.taxtmi.com/caselaws?id=344902 The Tribunal allowed the appellant's appeal, ruling that the imposition of penalty was not sustainable due to the absence of allegations of suppression and the incorrect invocation of the extended period for penalty imposition under Section 11AC of the Central Excise Act. The appellant's argument regarding the impermissibility of demanding interest on unutilized credit without notice was supported, leading to the setting aside of the penalty. en-us Mon, 27 Feb 2017 00:00:00 +0530 Wed, 26 Jul 2017 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344902 The Tribunal allowed the appellant's appeal, ruling that the imposition of penalty was not sustainable due to the absence of allegations of suppression and the incorrect invocation of the extended period for penalty imposition under Section 11AC of the Central Excise Act. The appellant's argument regarding the impermissibility of demanding interest on unutilized credit without notice was supported, leading to the setting aside of the penalty. Case-Laws Central Excise Mon, 27 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344902