https://www.taxtmi.com/caselaws?id=439010 The Tribunal remanded the case back to the Commissioner for a fresh disposal, emphasizing the importance of a reasoned decision and fair hearing for both parties regarding the recovery of interest on wrongly availed Cenvat Credit and the appropriating of reversed credit by the respondent. The Adjudicating Authority's decision confirming the demand, interest, and penalty was set aside due to lack of reasoning, highlighting the need for justice to be seen to be done in the imposition of penalties under the Cenvat Credit Rules and Central Excise Act. en-us Thu, 11 May 2023 00:00:00 +0530 Thu, 15 Jun 2023 08:01:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439010 The Tribunal remanded the case back to the Commissioner for a fresh disposal, emphasizing the importance of a reasoned decision and fair hearing for both parties regarding the recovery of interest on wrongly availed Cenvat Credit and the appropriating of reversed credit by the respondent. The Adjudicating Authority's decision confirming the demand, interest, and penalty was set aside due to lack of reasoning, highlighting the need for justice to be seen to be done in the imposition of penalties under the Cenvat Credit Rules and Central Excise Act. Case-Laws Central Excise Thu, 11 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439010