https://www.taxtmi.com/caselaws?id=373870 The Tribunal allowed the appeal of the appellant, setting aside the demand for interest on inadmissible CENVAT credit taken on capital goods as the credit was not utilized, following judicial precedents that interest liability arises only when credit is wrongly utilized. The Tribunal found the impugned order unsustainable and emphasized that interest liability arises from wrongful utilization, not mere availment of credit. en-us Fri, 14 Dec 2018 00:00:00 +0530 Tue, 22 Jan 2019 08:04:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373870 The Tribunal allowed the appeal of the appellant, setting aside the demand for interest on inadmissible CENVAT credit taken on capital goods as the credit was not utilized, following judicial precedents that interest liability arises only when credit is wrongly utilized. The Tribunal found the impugned order unsustainable and emphasized that interest liability arises from wrongful utilization, not mere availment of credit. Case-Laws Service Tax Fri, 14 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373870