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2018 (8) TMI 1499 - AT - Central ExciseDemand of Interest and penalty - Reversal of CENVAT Credit already done - period involved is from April 2007 to March 2010 - Held that:- The Hon’ble High Court of Madras in the case of Strategic Engineering (P) Ltd. [2014 (11) TMI 89 - MADRAS HIGH COURT] has categorically held that when the assessee has reversed the credit before utilization, the demand of interest and the penalty cannot sustain - the demand of interest and the penalty requires to be set aside - appeal allowed - decided in favor of appellant.
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