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2018 (12) TMI 302 - MADRAS HIGH COURTDemand of interest on the ineligible credit availed - matter remanded for recalculating their liability in terms of Rule 6(3AA) of the CENVAT Credit Rules, 2004 - Held that:- We refrain ourselves from expressing any opinion at this juncture, since the Tribunal remanded the matter to the Adjudicating Authority for de novo consideration to arrive at the net liability of the assessee after calculating the same in terms of Rule 6(3AA) of the said Rules. Since jurisdictional issue has also been raised by the Revenue, the Adjudicating Authority shall also consider the submissions of the Revenue as regards applicability of Rule 6(3AA) of the said Rules during de novo consideration - appeal allowed - decided in favor of Revenue.
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