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2018 (4) TMI 67 - AT - Central ExciseDemand of interest - CENVAT credit on supplies made under International Competitive Bidding (ICB) - reverse charge mechanism - whether interest is payable on the amount of cenvat credit of ₹ 71,41,940/- which was wrongly availed in the year March 2010, but reversed pursuant to being pointed on investigation by the department on 12th July, 201? - Held that: - interest cannot be recovered when the time barred demand has been paid voluntarily. In the present case, no such findings has been recorded by the Adjudicating Authority i.e., whether the amount paid by the appellant can be confirmed by invoking the extended period or otherwise. Therefore, to ascertain the said fact, the matter need to be remanded to adjudicating Authority. Appeal allowed by way of remand.
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