https://www.taxtmi.com/caselaws?id=179270 The appeal involved a dispute over the disallowance of credit availed by the respondent under central excise registration for manufacturing excisable goods, and the imposition of interest without penalty. The court ruled that if wrongly availed credit remains unused and is reversed before utilization, no interest liability arises. Citing relevant case law, the court held that the respondents were not liable to pay any interest. As a result, the appeals filed by the Revenue were rejected. en-us Tue, 26 Nov 2013 00:00:00 +0530 Wed, 24 Feb 2016 18:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179270 The appeal involved a dispute over the disallowance of credit availed by the respondent under central excise registration for manufacturing excisable goods, and the imposition of interest without penalty. The court ruled that if wrongly availed credit remains unused and is reversed before utilization, no interest liability arises. Citing relevant case law, the court held that the respondents were not liable to pay any interest. As a result, the appeals filed by the Revenue were rejected. Case-Laws Central Excise Tue, 26 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179270