https://www.taxtmi.com/highlights?id=42919 Irregular availment of CENVAT Credit - 100% CENVAT credit on capital goods availed in the first year instead of 50% - they had sufficient balance in their CENVAT credit account and therefore, they have not utilized the said CENVAT credit and it was merely a book entry - Demand of Interest and penalty not sustainable. en-us Wed, 28 Nov 2018 08:35:21 +0530 Tue, 27 Nov 2018 11:05:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42919 Irregular availment of CENVAT Credit - 100% CENVAT credit on capital goods availed in the first year instead of 50% - they had sufficient balance in their CENVAT credit account and therefore, they have not utilized the said CENVAT credit and it was merely a book entry - Demand of Interest and penalty not sustainable. Highlights Central Excise Wed, 28 Nov 2018 08:35:21 +0530 https://www.taxtmi.com/highlights?id=42919