2013 (11) TMI 1187

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..... was called, none appeared on behalf of the appellant. Ld. Counsel appearing on behalf of the appellant filed an application stating that the appellant has already reversed the entire amount of CENVAT Credit which was confirmed as in-eligible. It is his submission that they are not contesting the CENVAT Credit held as in-eligible, but is contesting the demand of interest and imposition of penalty .....

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..... t towards interest liability, there should be some amount which has to be quantified by lower authorities. In the absence of such amount, I am unable to come to any conclusion as to how much amount be directed to be deposited. At the same time, I have to keep in mind that the appellant is a public sector undertaking, Revenue's interest in the form of interest or penalty on the appellant, if any, w .....

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