https://www.taxtmi.com/caselaws?id=366025 The Tribunal ruled in favor of the appellants, setting aside penalties and interest for a specific amount while upholding the confirmation of the demand and interest already paid. The decision was based on the timely reversal of wrongly availed credit before utilization, absolving the appellants from interest liability or penalties as per legal precedents. The penalty and interest for a minor differential amount were overturned, aligning with the appellants' arguments and ensuring no further financial burden in this regard. en-us Thu, 07 Jun 2018 00:00:00 +0530 Wed, 29 Aug 2018 06:12:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366025 The Tribunal ruled in favor of the appellants, setting aside penalties and interest for a specific amount while upholding the confirmation of the demand and interest already paid. The decision was based on the timely reversal of wrongly availed credit before utilization, absolving the appellants from interest liability or penalties as per legal precedents. The penalty and interest for a minor differential amount were overturned, aligning with the appellants' arguments and ensuring no further financial burden in this regard. Case-Laws Central Excise Thu, 07 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366025