Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (2) TMI 1104 - AT - Central ExciseInterest on delayed reversal of CENVAT credit - DTA unit is converted into a 100% EOU - Held that: - the issue is squarely covered in favour of the appellant by the decision rendered in the case of CCE vs. Bill Forge Pvt. Ltd. [2011 (4) TMI 969 - KARNATAKA HIGH COURT], where it was held that once the entry was reversed, it is as if that the Cenvat credit was not available - appellant had sufficient balance in their CENVAT credit account and had not utilized the same and therefore, they are not liable to pay the interest - appeal allowed - decided in favor of appellant.
|