Appellant Settles Interest on 100% CENVAT Credit in First Year; No Recovery Needed for 50% Credit.

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....CENVAT Credit - Capital goods - 100% credit availed in the first year - Since the appellant has already compensated the Central Government by paying the interest, the question of recovery of the Cenvat Credit of the 50% availed by them in the same financial year does not arise. - AT....