https://www.taxtmi.com/caselaws?id=752706 Interest is not chargeable on wrongly taken central excise credit where the credit remained unutilised and was merely required to be reversed. The Court treated the issue as covered by its earlier ruling on the same legal question, which held that interest cannot be levied absent actual utilisation of the credit. As no substantial question of law arose, the assessee's position was accepted and the tribunal's view was left undisturbed. en-us Wed, 01 May 2024 00:00:00 +0530 Wed, 15 May 2024 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752706 Interest is not chargeable on wrongly taken central excise credit where the credit remained unutilised and was merely required to be reversed. The Court treated the issue as covered by its earlier ruling on the same legal question, which held that interest cannot be levied absent actual utilisation of the credit. As no substantial question of law arose, the assessee's position was accepted and the tribunal's view was left undisturbed. Case-Laws Central Excise Wed, 01 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752706