https://www.taxtmi.com/highlights?id=32698 Interest for delayed reversal of credit - This case is revenue neutral inasmuch as had the cenvat credit been reversed, the same would have been eligible for credit to the sister unit - there is no loss of Revenue to the Government Exchequer, and as such, there is no question of compensating the Government for loss of any Revenue. - AT en-us Thu, 05 Jan 2017 09:11:36 +0530 Thu, 05 Jan 2017 09:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32698 Interest for delayed reversal of credit - This case is revenue neutral inasmuch as had the cenvat credit been reversed, the same would have been eligible for credit to the sister unit - there is no loss of Revenue to the Government Exchequer, and as such, there is no question of compensating the Government for loss of any Revenue. - AT Highlights Central Excise Thu, 05 Jan 2017 09:11:36 +0530 https://www.taxtmi.com/highlights?id=32698