https://www.taxtmi.com/caselaws?id=348296 Interest demanded on reversal of inadmissible CENVAT credit under Section 11A of the Central Excise Act, 1944 must be issued within the prescribed limitation period. Where the credit had already been reversed before the demand notices and there was no allegation of suppression, misdeclaration or similar misconduct to extend limitation, the demand could not be sustained. The same limitation governing recovery under Section 11A applies to interest claims raised under that provision, so the demand was time-barred and rejected in favour of the assessee. en-us Mon, 14 Aug 2017 00:00:00 +0530 Wed, 20 Sep 2017 07:36:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348296 Interest demanded on reversal of inadmissible CENVAT credit under Section 11A of the Central Excise Act, 1944 must be issued within the prescribed limitation period. Where the credit had already been reversed before the demand notices and there was no allegation of suppression, misdeclaration or similar misconduct to extend limitation, the demand could not be sustained. The same limitation governing recovery under Section 11A applies to interest claims raised under that provision, so the demand was time-barred and rejected in favour of the assessee. Case-Laws Central Excise Mon, 14 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348296