https://www.taxtmi.com/caselaws?id=789445 CESTAT Hyderabad held that the misappropriated nickel quantity and corresponding CENVAT credit remained confined to the earlier quantified shortage of 5,411 kg and Rs. 21,15,313/-, as remand did not reopen that settled finding. It further held that no interest was payable because the disputed credit had been reversed before use, actual utilisation was not established, and sufficient credit balance was available. However, the tribunal upheld invocation of the extended period and related recovery, finding suppression of material facts and delayed disclosure, and rejected the plea that the lapse was only an employee's fault. en-us Wed, 08 Apr 2026 00:00:00 +0530 Thu, 09 Apr 2026 08:09:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789445 CESTAT Hyderabad held that the misappropriated nickel quantity and corresponding CENVAT credit remained confined to the earlier quantified shortage of 5,411 kg and Rs. 21,15,313/-, as remand did not reopen that settled finding. It further held that no interest was payable because the disputed credit had been reversed before use, actual utilisation was not established, and sufficient credit balance was available. However, the tribunal upheld invocation of the extended period and related recovery, finding suppression of material facts and delayed disclosure, and rejected the plea that the lapse was only an employee's fault. Case-Laws Central Excise Wed, 08 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789445