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INTEREST AND PENAL PROVISIONS - Under the Cenvat credit Rules, 2004:

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..... the Cenvat credit Rules, 2004: Rule 14 Availment of Cenvat credit wrongly or erroneous refund. Interest payable along with such credit amount and provisions of Section 1 .....

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..... yment. Rule 15 Wrong availment of Cenvat credit or contravention of CCR in case of inputs Penalty upto Rs.2000/- Penalty as per Section 78 of Finance Act, 1994 also paya .....

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