https://www.taxtmi.com/highlights?id=63737 Excess utilisation of cenvat credit - Whether the appellant is liable to pay interest and penalty on account of alleged excess utilisation of cenvat credit - The demand of interest on alleged excess utilisation of cenvat credit amounts to double demand of interest, as the appellant has already deposited interest on the delayed payment of tax at the applicable rate under Section 75 of the Act. Thus, the second demand of interest is in the nature of double jeopardy, which is not tenable - AT en-us Sat, 28 May 2022 10:30:06 +0530 Sat, 28 May 2022 10:30:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63737 Excess utilisation of cenvat credit - Whether the appellant is liable to pay interest and penalty on account of alleged excess utilisation of cenvat credit - The demand of interest on alleged excess utilisation of cenvat credit amounts to double demand of interest, as the appellant has already deposited interest on the delayed payment of tax at the applicable rate under Section 75 of the Act. Thus, the second demand of interest is in the nature of double jeopardy, which is not tenable - AT Highlights Service Tax Sat, 28 May 2022 10:30:06 +0530 https://www.taxtmi.com/highlights?id=63737