https://www.taxtmi.com/forum/issue?id=7 Whether interest under the delayed-duty provision applies where liability arises from reversal of cenvat credit; the cenvat reversal mechanism governs adjustment and does not convert the reversal into a duty on removal nor prescribe interest under the delayed-duty provision, so imposing that interest is inconsistent with the reversal rule. en-us Tue, 22 Nov 2005 19:52:40 +0530 Thu, 23 Jan 2025 15:59:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=7 Whether interest under the delayed-duty provision applies where liability arises from reversal of cenvat credit; the cenvat reversal mechanism governs adjustment and does not convert the reversal into a duty on removal nor prescribe interest under the delayed-duty provision, so imposing that interest is inconsistent with the reversal rule. Discussion-Forum Central Excise Tue, 22 Nov 2005 19:52:40 +0530 https://www.taxtmi.com/forum/issue?id=7