Supreme Court of India
Union of India & Ors v. M/s. Ind-swift Laboratories Ltd
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3 Supreme Court benches have cited this judgment.
From the headnote
CENVAT CREDIT RULES, 2004: c Rule. 14- Interest on CENVA T credit wrongly availed - Held: Interest would be payable from the date of availment of CENVAT credit and not from the date of utilization - High Court wrongly proceeded by reading down the provisions of Rule 14 to mean that where CENVAT credit has been taken 'and' utilized wrongly, interest should be payable from the date the credit has been utilized wrongly - If the provision is read as a whole, there is no reason to read the word "or" in between the expressions 'taken' or 'utilized wrongly' or 'has been erroneously refunded' as the
Authorities it was built on
Where later benches applied it
- 2022 Barun Chandra Thakur v. Master Bholu & Anr.
- 2015 The Union of India & Ors. v. M/s.asahi Indiasafetyglass Ltd.
- 2013 Krishnan & Ors. v. State of Haryana & Ors.
Of those, 3 referred to
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