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2011 (7) TMI 276 - CESTAT, NEW DELHIPenalty - Debarment orders - Since, credit which was deferred by the original authority is deemed to have been restored after two months - Therefore, the demand of duty on the ground that there was restriction in use of the credit for two months would lead to double payment of duty by the respondents - Therefore, allow the credit to be adjusted towards dues at the time of clearances of final products,direct the respondents to pay interest for the period of the months in each case - In other words, once the interest is paid, the credit denied shall stand restored and regularized towards duty due at the time of clearance of the products - Since there is clear violation of utilization of credit contrary to the debarment orders issued under the Central Excise Rules, held that the respondent is liable to penalty - Decided against the assessee.
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