https://www.taxtmi.com/caselaws?id=388188 The Tribunal ruled in favor of the appellant, finding the demand for interest on availed but unused Cenvat credit to be time-barred. The appellant's reversal of credit without utilization did not result in revenue loss to the department, leading to the interest demand being deemed unjustified. Citing precedents, the Tribunal held that the limitation provisions applied to interest demands, and as the demand was issued beyond the prescribed period, it was considered time-barred. As a result, the Tribunal set aside the lower authorities' decision and allowed the appeal with consequential relief. en-us Wed, 04 Sep 2019 00:00:00 +0530 Tue, 27 Oct 2020 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388188 The Tribunal ruled in favor of the appellant, finding the demand for interest on availed but unused Cenvat credit to be time-barred. The appellant's reversal of credit without utilization did not result in revenue loss to the department, leading to the interest demand being deemed unjustified. Citing precedents, the Tribunal held that the limitation provisions applied to interest demands, and as the demand was issued beyond the prescribed period, it was considered time-barred. As a result, the Tribunal set aside the lower authorities' decision and allowed the appeal with consequential relief. Case-Laws Service Tax Wed, 04 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388188