Karnataka HC rules against Revenue in interest liability case

The Karnataka HC dismissed the Revenue's appeal against a Tribunal order, ruling the assessee not liable for interest on Cenvat credit reversal. The decision aligned with a prior case Commissioner of Service Tax v. M/s. Scott Wilson Kirkpatrick (India) Pvt. Ltd.

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The Karnataka High Court dismissed the appeal by the Revenue challenging a Tribunal order that held the assessee not liable to pay interest on Cenvat credit reversal, as it was not utilized wrongly. The decision followed a previous case Commissioner of Service Tax v. M/s. Scott Wilson Kirkpatrick (India) Pvt. Ltd. where a similar conclusion was reached.

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