https://www.taxtmi.com/caselaws?id=365908 Rectification under the CENVAT Credit rules was refused because no apparent mistake was found in the earlier computation of interest on delayed reversal of credit. The Tribunal noted that the prior order had applied the effective date of the CENVAT Credit (Third Amendment) Rules, 2012, as brought into force by Notification No. 18/2012-CE (N.T.) dated 17.03.2012, and had therefore treated credit availed up to 31.03.2012 as liable to interest. A rectification application could not be used to reopen that merits determination, so the miscellaneous application was dismissed. en-us Mon, 02 Jul 2018 00:00:00 +0530 Mon, 27 Aug 2018 06:36:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365908 Rectification under the CENVAT Credit rules was refused because no apparent mistake was found in the earlier computation of interest on delayed reversal of credit. The Tribunal noted that the prior order had applied the effective date of the CENVAT Credit (Third Amendment) Rules, 2012, as brought into force by Notification No. 18/2012-CE (N.T.) dated 17.03.2012, and had therefore treated credit availed up to 31.03.2012 as liable to interest. A rectification application could not be used to reopen that merits determination, so the miscellaneous application was dismissed. Case-Laws Central Excise Mon, 02 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365908