https://www.taxtmi.com/caselaws?id=276032 Interest on unutilized CENVAT credit was held not payable where the credit had been reversed and Revenue suffered no prejudice. The factual absence of loss to the exchequer meant that demanding interest would serve no useful purpose in law, so the assessee succeeded on that point. en-us Wed, 20 Jan 2016 00:00:00 +0530 Fri, 26 Oct 2018 06:01:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276032 Interest on unutilized CENVAT credit was held not payable where the credit had been reversed and Revenue suffered no prejudice. The factual absence of loss to the exchequer meant that demanding interest would serve no useful purpose in law, so the assessee succeeded on that point. Case-Laws Central Excise Wed, 20 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276032