https://www.taxtmi.com/caselaws?id=388763 The Tribunal upheld the demand for recovery of refunds but set aside penalties and interest. The appeal was partly allowed, and the penalty on the Director was also set aside. The certificates' cancellation was deemed invalid, penalties under Section 11AC and interest under Section 11AB were not sustainable due to the time-barred demand. The Tribunal found no misrepresentation in obtaining eligibility certificates and held the department's allegations unfounded. The eligibility for exemption under Notification No. 39/2001-CE was disputed, with the appellant claiming new unit status, while the department argued otherwise. en-us Wed, 20 Nov 2019 00:00:00 +0530 Fri, 22 Nov 2019 10:10:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388763 The Tribunal upheld the demand for recovery of refunds but set aside penalties and interest. The appeal was partly allowed, and the penalty on the Director was also set aside. The certificates' cancellation was deemed invalid, penalties under Section 11AC and interest under Section 11AB were not sustainable due to the time-barred demand. The Tribunal found no misrepresentation in obtaining eligibility certificates and held the department's allegations unfounded. The eligibility for exemption under Notification No. 39/2001-CE was disputed, with the appellant claiming new unit status, while the department argued otherwise. Case-Laws Central Excise Wed, 20 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388763