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2017 (5) TMI 454 - CESTAT NEW DELHILiability of Interest - Reversal of CENVAT credit - Rule 6(3A) of the CCR, 2004 - clearance of coarse ore without payment of duty - delay in reversal of credit or not? - Held that: - an identical issue has come up before this Tribunal in assessee-Appellants’ own case Hindustan Zinc Ltd. vs CCE, Jaipur [2016 (11) TMI 575 - CESTAT NEW DELHI], where it was held that there is a delay in reversing the proportionate credit by the appellant. The liability of interest for the delayed reversal of credit is confirmed against the appellant - in the present case there is no delay pertaining to the reversal of credit, hence there is no question of charging the interest - demand set aside - appeal allowed - decided in favor of assessee.
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