https://www.taxtmi.com/caselaws?id=244228 The appellant contested the recovery of interest and reversal of CENVAT Credit on imported raw materials cleared to Unit-II. The court held that the interest recovery was time-barred and the situation was revenue neutral as the credit remained unused and available to the sister unit. Relying on relevant case law, the court set aside the order confirming interest, allowing the appeal in favor of the appellant and providing consequential relief. en-us Mon, 30 Dec 2013 00:00:00 +0530 Fri, 21 Feb 2014 06:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244228 The appellant contested the recovery of interest and reversal of CENVAT Credit on imported raw materials cleared to Unit-II. The court held that the interest recovery was time-barred and the situation was revenue neutral as the credit remained unused and available to the sister unit. Relying on relevant case law, the court set aside the order confirming interest, allowing the appeal in favor of the appellant and providing consequential relief. Case-Laws Central Excise Mon, 30 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244228