2015 (10) TMI 1666

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..... Commissioner (AR), for the Respondent. ORDER The brief facts of the case are that the applicant availed Cenvat credit on certain dies. However, these dies were not used at all and were lying in the factory of the appellant. After few years, it was decided to scrap the said dies and the dies were sold by the appellant as scrap. During the audit, it was pointed out since the dies have been c....

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....ual to the Cenvat credit taken and there is no provision for charging interest on the said amount. 3. Ld. AR reiterates the impugned order and also quoted the Hon'ble Supreme Court judgment in the case of Ind-Swift Laboratories Ltd. - 2011 (265) E.L.T. 3 (S.C.) relating to interest and also this Tribunal's decision in the case of MM Forgings - 2013 (294) E.L.T. 145 (T-Chennai). 4. ....