https://www.taxtmi.com/caselaws?id=361288 Reversal of CENVAT credit with interest before issuance of the show-cause notice attracted Section 11A(2B) of the Central Excise Act, so the demand should not have been pursued by notice. Audit of the records during the relevant period also negatived any allegation of suppression of facts with intent to evade duty. On that footing, penalty under Rule 15(2) read with Section 11AC was held unsustainable and was set aside. en-us Tue, 13 Mar 2018 00:00:00 +0530 Mon, 04 Jun 2018 23:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361288 Reversal of CENVAT credit with interest before issuance of the show-cause notice attracted Section 11A(2B) of the Central Excise Act, so the demand should not have been pursued by notice. Audit of the records during the relevant period also negatived any allegation of suppression of facts with intent to evade duty. On that footing, penalty under Rule 15(2) read with Section 11AC was held unsustainable and was set aside. Case-Laws Central Excise Tue, 13 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361288