https://www.taxtmi.com/caselaws?id=350988 The appeal was allowed as it was established that interest and penalty are not imposable when wrongly availed credit has been reversed before utilization, citing precedents and Tribunal decisions. The impugned order rejecting the appeals and imposing interest and penalty was set aside, with the appellant granted consequential relief. en-us Wed, 13 Sep 2017 00:00:00 +0530 Fri, 17 Nov 2017 07:49:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350988 The appeal was allowed as it was established that interest and penalty are not imposable when wrongly availed credit has been reversed before utilization, citing precedents and Tribunal decisions. The impugned order rejecting the appeals and imposing interest and penalty was set aside, with the appellant granted consequential relief. Case-Laws Central Excise Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350988