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2017 (1) TMI 354 - AT - Central ExciseReversal of credit - Rule 11(2) of Cenvat Credit Rules, 2004 - Held that: - the respondent has, after reversing the amount of ₹ 28,157/- on 23-2-2006, deposited the balance amount through PLA on 11-4-2006. This would mean that the respondent has reversed the entire amount of Cenvat credit attributable to the inputs lying in stock as on 31-3-2006 albeit belatedly, for which, the Department could have charged interest on the respondent. Since in the facts and circumstances of this case, the amount of Cenvat credit availed on the inputs lying in stock as on 31-3-2006 stands reversed, we do not find any merit in the appeal filed by the Revenue - appeal rejected - decided against Revenue.
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