https://www.taxtmi.com/caselaws?id=772476 The SC disposed of related appeals concerning Rule 8(3A) of Central Excise Rules, 2002, effectively rendering the rule ultra vires. The Tribunal held that Cenvat credit cannot be denied during default periods, and consequently, the demand for credit reversal, interest, and penalties is unsustainable. The court set aside the impugned order, finding no legal basis for recovery or penalty based on an invalid rule. en-us Wed, 23 Apr 2025 00:00:00 +0530 Tue, 10 Jun 2025 08:43:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772476 The SC disposed of related appeals concerning Rule 8(3A) of Central Excise Rules, 2002, effectively rendering the rule ultra vires. The Tribunal held that Cenvat credit cannot be denied during default periods, and consequently, the demand for credit reversal, interest, and penalties is unsustainable. The court set aside the impugned order, finding no legal basis for recovery or penalty based on an invalid rule. Case-Laws Central Excise Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772476