https://www.taxtmi.com/caselaws?id=391444 Excess CENVAT credit on capital goods, though availed, was not utilised and the remaining balance was reversed before the show-cause notice after being pointed out by audit. As the appellant had sufficient credit balance during the disputed period and no actual duty benefit was taken through utilisation, the principle applied was that reversal before utilisation does not attract interest. Interest was therefore not payable on the excess credit and the demand could not be sustained. en-us Mon, 27 Jan 2020 00:00:00 +0530 Wed, 29 Jan 2020 06:51:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391444 Excess CENVAT credit on capital goods, though availed, was not utilised and the remaining balance was reversed before the show-cause notice after being pointed out by audit. As the appellant had sufficient credit balance during the disputed period and no actual duty benefit was taken through utilisation, the principle applied was that reversal before utilisation does not attract interest. Interest was therefore not payable on the excess credit and the demand could not be sustained. Case-Laws Central Excise Mon, 27 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391444