https://www.taxtmi.com/caselaws?id=785470 Recovery of Cenvat credit and attendant interest and equal penalty were examined where part of the credit had been reversed prior to issuance of the show-cause notice. The reasoning finds that amounts reversed before the SCN cannot attract interest and equal penalty, and recovery notice should be limited to the outstanding balance; this precludes invoking extended limitation where the error arose from an erroneous interpretation of admissibility in a composite contract. The appellant may voluntarily pay the remaining inadmissible credit with interest; the impugned order was set aside and the appeal allowed. en-us Thu, 22 Jan 2026 00:00:00 +0530 Sat, 24 Jan 2026 08:39:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785470 Recovery of Cenvat credit and attendant interest and equal penalty were examined where part of the credit had been reversed prior to issuance of the show-cause notice. The reasoning finds that amounts reversed before the SCN cannot attract interest and equal penalty, and recovery notice should be limited to the outstanding balance; this precludes invoking extended limitation where the error arose from an erroneous interpretation of admissibility in a composite contract. The appellant may voluntarily pay the remaining inadmissible credit with interest; the impugned order was set aside and the appeal allowed. Case-Laws Central Excise Thu, 22 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785470