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2019 (5) TMI 42 - AT - Central ExciseRefund claim of amount of interest debited by them in PLA during 2003 - default in payment of duty - Time limitation - HELD THAT:- The debit of interest in RG 23A in march, 2003 was not in accordance with the law as in terms of Rule 3 of the Cenvat Credit Rules 2004, specifically mandates that the Cenvat Credit availed can be utilised for making payment of duty only. The absence in specific provision to debit the amount of interest in CENVAT account, It was found that it was erroneous on the part of the appellant to use CENVAT credit for paying interest. The payment of interest in cash in 2014, and claiming refund of amount debited in March 2003 is definitely time barred, when it is not disputed that they have to pay interest. Appeal dismissed - decided against appellant.
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