Appeal dismissed for absence, dues adjustment upheld under Section 11, interest on unutilized credit denied

The appeal was dismissed by the Appellate Tribunal CESTAT, Mumbai due to the appellants' absence. The adjustment of Rs. 2,63,000 towards dues of the same appellants in another case was upheld under Section 11 of the Central Excise Act. Additionally, the appeal was dismissed concerning the interest amount on unutilized credit, as there is no provision for payment of interest on unutilized deemed credit.

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The Appellate Tribunal CESTAT, Mumbai dismissed the appeal due to the appellants' absence. The adjustment of Rs. 2,63,000 towards dues of the same appellants in another case was upheld under Section 11 of the Central Excise Act. The appeal was also dismissed regarding the interest amount on unutilized credit, as there is no provision for payment of interest on unutilized deemed credit.

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