https://www.taxtmi.com/caselaws?id=366027 The appeal was allowed, setting aside the demand for interest and penalties imposed on disallowed CENVAT credit for various input services. The Member (Judicial) held that since the credit was reversed before utilization, following the precedent set by a High Court decision, the demand for interest and penalties was not sustainable. The impugned order was modified to uphold the demand for CENVAT credit on input services only, with relief granted by setting aside the interest and penalties. en-us Mon, 11 Jun 2018 00:00:00 +0530 Wed, 29 Aug 2018 06:13:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366027 The appeal was allowed, setting aside the demand for interest and penalties imposed on disallowed CENVAT credit for various input services. The Member (Judicial) held that since the credit was reversed before utilization, following the precedent set by a High Court decision, the demand for interest and penalties was not sustainable. The impugned order was modified to uphold the demand for CENVAT credit on input services only, with relief granted by setting aside the interest and penalties. Case-Laws Central Excise Mon, 11 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366027