2016 (6) TMI 605

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....makrishna, AR for the  Respondent ORDER The appellant is aggrieved by the adjustment of interest  pertaining to an issue of reversal of Cenvat credit against the rebate claim sanctioned to the appellant. Brief facts are as under:   2.  The appellant availed Cenvat credit of Rs. 43,96,488/- on the duty paid on ethyl alcohol. The Superintendant of central excise ....

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....fund.     4.  Meanwhile, the appellant herein had filed eleven rebate claims for Rs. 1,05,60,602/- . The original authority sanctioned the full amount vide order dated 12-12-2012. However, an amount of Rs. 18,18,986/- was appropriated by the original authority from this sanctioned rebate claim towards interest against the irregularly availed credit of Rs. 43,96,488/- which w....