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2017 (7) TMI 1031 - CESTAT BANGALORELiability of interest - Rule 14 of the CCR, 2004 - irregular cenvat credit was reversed immediately on being pointed out - Held that: - the issue involved in the present case is no more res integra and has been settled in favour of the assessee by the decision of the Hon'ble Karnataka High Court in the case of Bill Forge Pvt. Ltd. [2011 (4) TMI 969 - KARNATAKA HIGH COURT], where it was held that if the credit availed is not utilized there is no liability to pay interest - appeal dismissed - decided against Revenue.
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