https://www.taxtmi.com/caselaws?id=367755 The Tribunal allowed the appeal in favor of the appellant, setting aside the demand of interest raised by the Revenue. The Tribunal held that the demand of interest was time-barred as the appellant had promptly paid duty upon discovery during the investigation. Relying on decisions from the Hon'ble Punjab & Haryana High Court, the Tribunal determined that maintaining a sufficient balance in the Cenvat credit account exempted the appellant from paying interest. This case emphasizes the importance of the period of limitation in interest demands and the relevance of legal precedents in tax matters related to job work activities. en-us Wed, 12 Sep 2018 00:00:00 +0530 Wed, 26 Sep 2018 08:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367755 The Tribunal allowed the appeal in favor of the appellant, setting aside the demand of interest raised by the Revenue. The Tribunal held that the demand of interest was time-barred as the appellant had promptly paid duty upon discovery during the investigation. Relying on decisions from the Hon'ble Punjab & Haryana High Court, the Tribunal determined that maintaining a sufficient balance in the Cenvat credit account exempted the appellant from paying interest. This case emphasizes the importance of the period of limitation in interest demands and the relevance of legal precedents in tax matters related to job work activities. Case-Laws Central Excise Wed, 12 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367755