https://www.taxtmi.com/caselaws?id=377352 Education cess and higher education cess credit earned before 01.03.2015 could not be used to pay duty, so the duty demand and interest were sustained. The Tribunal followed its prior decisions on the ineligibility of such credit for duty payment and rejected the challenge to the demand. Penalty, however, was waived because the assessee's utilisation was found to have been based on a bona fide belief, including in the context of Notification No. 12/15-CE dated 13.04.2015. The fiscal liability remained intact, but the penal consequence was removed, granting partial relief. en-us Wed, 06 Mar 2019 00:00:00 +0530 Thu, 28 Mar 2019 06:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377352 Education cess and higher education cess credit earned before 01.03.2015 could not be used to pay duty, so the duty demand and interest were sustained. The Tribunal followed its prior decisions on the ineligibility of such credit for duty payment and rejected the challenge to the demand. Penalty, however, was waived because the assessee's utilisation was found to have been based on a bona fide belief, including in the context of Notification No. 12/15-CE dated 13.04.2015. The fiscal liability remained intact, but the penal consequence was removed, granting partial relief. Case-Laws Central Excise Wed, 06 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377352