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Rule 14 of the CENVAT Credit Rules

Central Excise - Started By: - ASIT ROY - Dated:- 1-9-2016 Last Replied Date:- 5-9-2016 - I have a case with CESTAT, E Zone Bench, Kolkata regarding the CENVAT Credit Wrongly taken, where a interest demand has been made by the Adjudication. The case was Call on by the Hon'ble Member of the Bench, but the case has been presently reschedule on 16.09.2016I need the latest case laws regarding the matter - Reply By Rajagopalan Ranganathan - The Reply = Sir,Please elaborate the issue involved. The .....

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hen interest amount can be waived. If the credit wrongly availed has been accepted and paid from PLA account, then you have to pay Interest also. - Reply By KASTURI SETHI - The Reply = Sh.Asit Roy Ji, In support of the views of Sh.CS Sanjay Malhotra, Sir, here is a case law:- 2016 (8) TMI 6 - CESTAT HYDERABAD M/s B. Girijapathi Reddy & Company Versus CCE, Guntur (Vice-Versa) - Reply By KASTURI SETHI - The Reply = CREDIT TAKEN BUT NOT UTILISED AND REVERSED AMOUNTS TO CREDIT NOT TAKEN-S.C. 200 .....

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e in my records.. - Reply By KASTURI SETHI - The Reply = Sh.CS Sanjay Malhotra Ji, Sir, I have followed your habit to keep the records of every judgement, especially, on the controversial issue. Only availability of time is the question.Regards.K.L.SETHI - Reply By KASTURI SETHI - The Reply = Sh.Asit Roy Ji, I agree 100% with the views of M/s. YAGAY AND SUN. Time period has a great relevance in following/relying upon any case law.In this case the judgement of the Supreme Court is evergreen and c .....

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e did not utilized it at any time & at any where upto the date of its reversal/payment and although the adjudication authority issued a Notice cum Demand Notice No. 17/SCN/BST/2009-10 dt. 05.06. 2009 in context of Rule 14 of Cenvat Credit Rules, 2004 and the former Ld. ACCE, Mr. P. L. Lenka, Barasat Division was hared us very carefully and waives us from such liabilities vide O-I-O No. 41/BST/AC/Adjn/2009-10 dt. 29.09.2009. But the Ld. CCE, Kol-III Commissionerate does not satisfy with such .....

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