https://www.taxtmi.com/caselaws?id=383068 The Tribunal upheld the denial of Cenvat credit on Clean Energy Cess (CEC) as CEC was not explicitly included in Rule 3 of the CCR, 2004. Interest is payable only when Cenvat credit is both availed and utilized. Penalties for availing Cenvat credit were set aside due to a genuine belief in entitlement. Ms. Sulekha Beevi C.S. concurred, emphasizing the ineligibility of credit on CEC under specific provisions of the Finance Act, 2010 and the promotion of clean energy. Refund claims for unutilized credit on CEC were also deemed ineligible. en-us Tue, 16 Jul 2019 00:00:00 +0530 Thu, 05 Nov 2020 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383068 The Tribunal upheld the denial of Cenvat credit on Clean Energy Cess (CEC) as CEC was not explicitly included in Rule 3 of the CCR, 2004. Interest is payable only when Cenvat credit is both availed and utilized. Penalties for availing Cenvat credit were set aside due to a genuine belief in entitlement. Ms. Sulekha Beevi C.S. concurred, emphasizing the ineligibility of credit on CEC under specific provisions of the Finance Act, 2010 and the promotion of clean energy. Refund claims for unutilized credit on CEC were also deemed ineligible. Case-Laws Central Excise Tue, 16 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383068