https://www.taxtmi.com/caselaws?id=363889 Interest under the Cenvat Credit Rules, 2002 is recoverable only where credit is taken or utilised wrongly, and Section 11AB of the Central Excise Act, 1944 operates only alongside a valid demand under Section 11A. Where the credit was found to have been properly availed and correctly utilised, and no duty demand survived under the governing recovery provisions, the statutory basis for interest was absent. The interest demand was therefore unsustainable and was set aside in favour of the assessee. en-us Thu, 12 Apr 2018 00:00:00 +0530 Fri, 20 Jul 2018 05:43:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363889 Interest under the Cenvat Credit Rules, 2002 is recoverable only where credit is taken or utilised wrongly, and Section 11AB of the Central Excise Act, 1944 operates only alongside a valid demand under Section 11A. Where the credit was found to have been properly availed and correctly utilised, and no duty demand survived under the governing recovery provisions, the statutory basis for interest was absent. The interest demand was therefore unsustainable and was set aside in favour of the assessee. Case-Laws Central Excise Thu, 12 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363889