https://www.taxtmi.com/caselaws?id=374447 The court allowed the Rectification of Mistake (ROM) applications regarding penalty and interest on CENVAT Credit utilization. The penalty was deleted as issues subject to litigation do not imply an intention to evade duty. However, interest was imposed on the portion of CENVAT Credit utilized by the appellant. The adjudicating authority was directed to calculate the interest on the utilized credit for the disputed years. Consequently, the ROM applications were partially allowed, modifying the previous order accordingly. en-us Fri, 26 Oct 2018 00:00:00 +0530 Sat, 02 Feb 2019 09:23:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374447 The court allowed the Rectification of Mistake (ROM) applications regarding penalty and interest on CENVAT Credit utilization. The penalty was deleted as issues subject to litigation do not imply an intention to evade duty. However, interest was imposed on the portion of CENVAT Credit utilized by the appellant. The adjudicating authority was directed to calculate the interest on the utilized credit for the disputed years. Consequently, the ROM applications were partially allowed, modifying the previous order accordingly. Case-Laws Central Excise Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374447