2016 (10) TMI 381

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....irections, Revenue could not come up to satisfy that there were sufficient credits in the statutory record for a decision of levy of interest. 2. Appellant submits that despite repeated directions of remand, the authorities failed to consider that the appellant has made appropriate proportionate reversal of the input credit in view of use of the common input in the process of manufacture of dutia....

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....e grass root insofar as levy of interest is concerned. 5. Revenue at this juncture says that the procedure of filling application as per 2010 Budget proposal was not complied with. It is needless to state that the approach of the appellant of reversing the proportionate credit being the object of the 2010 Budget provision, asking the appellant to go through the application procedure is redundant.....