https://www.taxtmi.com/forum/issue?id=4419 An ER 1 entry showing full Capital Goods CENVAT credit requires reversal of the excess credit and may attract interest from the date the credit was availed until reversal; an alternative view asserts no interest is payable where the availed credit remained unutilised, relying on a budgetary clarification. en-us Wed, 25 Jul 2012 10:18:53 +0530 Thu, 23 Jan 2025 15:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4419 An ER 1 entry showing full Capital Goods CENVAT credit requires reversal of the excess credit and may attract interest from the date the credit was availed until reversal; an alternative view asserts no interest is payable where the availed credit remained unutilised, relying on a budgetary clarification. Discussion-Forum Central Excise Wed, 25 Jul 2012 10:18:53 +0530 https://www.taxtmi.com/forum/issue?id=4419