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2019 (3) TMI 1367 - CESTAT CHENNAIImposition of penalty - availment of irregular credit - credit reversed before issuance of SCN - revenue neutrality - Held that:- The appellant has reversed the credit before issuance of the show-cause notice. Undisputedly, the sister Unit would be eligible for the credit of the electricity consumed by them. The situation is, therefore, a revenue neutral one as argued by the learned counsel for the appellant - the penalty imposed is unjustified. Penalty set aside - other demand upheld - appeal allowed in part.
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