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    <title>If we taken Excise credit wrong and then reverse with interest in whcih section we pay interest</title>
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    <description>When erroneously taken Cenvat credit is reversed with interest, disclose the interest payment under the procedural rule for Cenvat adjustments or the corresponding statutory recovery and interest provisions; citing the procedural rule alone suffices as it is subject to the statutory provisions. In ER 1 return the interest may be shown under the heading for other payments or details of other payments to ensure the reversal and interest are reported.</description>
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      <title>If we taken Excise credit wrong and then reverse with interest in whcih section we pay interest</title>
      <link>https://www.taxtmi.com/forum/issue?id=109256</link>
      <description>When erroneously taken Cenvat credit is reversed with interest, disclose the interest payment under the procedural rule for Cenvat adjustments or the corresponding statutory recovery and interest provisions; citing the procedural rule alone suffices as it is subject to the statutory provisions. In ER 1 return the interest may be shown under the heading for other payments or details of other payments to ensure the reversal and interest are reported.</description>
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      <law>Central Excise</law>
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