https://www.taxtmi.com/caselaws?id=272622 The Tribunal allowed the appeal, overturning the Commissioner's rejection of a refund claim for premature availing of Cenvat credit. While acknowledging the initial premature credit availing, the Tribunal emphasized that subsequent payment of service charges and tax rectified the issue. Relying on precedent, the Tribunal held that denial of the refund solely on premature credit availing was unwarranted. As the credit was used for the refund claim and not for tax payment, the Tribunal concluded no interest or penalty was applicable, modifying the decision in favor of the appellant. en-us Thu, 23 Jun 2016 00:00:00 +0530 Thu, 10 May 2018 05:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272622 The Tribunal allowed the appeal, overturning the Commissioner's rejection of a refund claim for premature availing of Cenvat credit. While acknowledging the initial premature credit availing, the Tribunal emphasized that subsequent payment of service charges and tax rectified the issue. Relying on precedent, the Tribunal held that denial of the refund solely on premature credit availing was unwarranted. As the credit was used for the refund claim and not for tax payment, the Tribunal concluded no interest or penalty was applicable, modifying the decision in favor of the appellant. Case-Laws Central Excise Thu, 23 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272622