https://www.taxtmi.com/caselaws?id=380674 The court upheld the demand for Cenvat credit but set aside the interest demand, ruling that interest could not be charged as the credit was wrongly taken but not utilized until reversal. The penalty under Section 11AC was upheld, citing suppression of facts and the inadmissibility of reducing or waiving the penalty even if the amount is paid before the show cause notice. The appellant's appeal was partially allowed, modifying the impugned order accordingly. en-us Thu, 18 Apr 2019 00:00:00 +0530 Mon, 27 May 2019 06:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380674 The court upheld the demand for Cenvat credit but set aside the interest demand, ruling that interest could not be charged as the credit was wrongly taken but not utilized until reversal. The penalty under Section 11AC was upheld, citing suppression of facts and the inadmissibility of reducing or waiving the penalty even if the amount is paid before the show cause notice. The appellant's appeal was partially allowed, modifying the impugned order accordingly. Case-Laws Central Excise Thu, 18 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380674