https://www.taxtmi.com/caselaws?id=126574 The High Court held that interest under Section 11AA of the Central Excise Act was not payable on unutilized credits, overturning the Commissioner (Appeals) decision. The Court found the appellants' argument valid, citing relevant case law, and remanded the matter for a fresh decision considering the cited precedents. The appellants were given the chance to present their case again before a final ruling was made. en-us Thu, 15 Jan 2009 00:00:00 +0530 Thu, 22 Nov 2012 12:39:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126574 The High Court held that interest under Section 11AA of the Central Excise Act was not payable on unutilized credits, overturning the Commissioner (Appeals) decision. The Court found the appellants' argument valid, citing relevant case law, and remanded the matter for a fresh decision considering the cited precedents. The appellants were given the chance to present their case again before a final ruling was made. Case-Laws Central Excise Thu, 15 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126574