https://www.taxtmi.com/caselaws?id=775897 Inadmissible CENVAT credit voluntarily reversed before the show-cause notice, after audit objection, did not establish suppression of facts or mala fide intent, so penalty based on the extended period was not sustainable and was set aside. Interest on the credit for the period of utilisation remained payable as a compensatory consequence until reversal. en-us Wed, 30 Jul 2025 00:00:00 +0530 Sat, 02 Aug 2025 07:24:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775897 Inadmissible CENVAT credit voluntarily reversed before the show-cause notice, after audit objection, did not establish suppression of facts or mala fide intent, so penalty based on the extended period was not sustainable and was set aside. Interest on the credit for the period of utilisation remained payable as a compensatory consequence until reversal. Case-Laws Central Excise Wed, 30 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775897