https://www.taxtmi.com/caselaws?id=357845 The Tribunal upheld the decision of the Commissioner (Appeals) confirming a demand of Rs. 43,10,435/- against the appellant but set aside the interest and penalty imposed. The appellant's unutilized credit, coupled with the absence of malafide intent in availing the credit post-payment, led to the setting aside of interest and penalty. The Tribunal found the Commissioner's decision justified as the credit remained unutilized, aligning with legal precedents. The Revenue's appeal was rejected, affirming the Commissioner's decision. en-us Wed, 07 Mar 2018 00:00:00 +0530 Sat, 31 Mar 2018 07:11:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357845 The Tribunal upheld the decision of the Commissioner (Appeals) confirming a demand of Rs. 43,10,435/- against the appellant but set aside the interest and penalty imposed. The appellant's unutilized credit, coupled with the absence of malafide intent in availing the credit post-payment, led to the setting aside of interest and penalty. The Tribunal found the Commissioner's decision justified as the credit remained unutilized, aligning with legal precedents. The Revenue's appeal was rejected, affirming the Commissioner's decision. Case-Laws Central Excise Wed, 07 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357845