2013 (9) TMI 1166

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....vendra Singh, AR, for the Revenue. ORDER Appellant argues that when record reveals that Cenvat credit figure of Rs. 7,85,213/- was only recorded during the period November, 2004 to November, 2006 without that being utilised by the appellant, there should not be any interest payable. Revenue was not prejudiced by such entry without being utilised. Upon Revenue's advice in November, 2006, the ....

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....nduct and show cause notice was issued belatedly, the interest became irrecoverable in absence of any mala fide of the appellant. 5. Revenue relies on the decision of Hon'ble Supreme Court in the case of UOI v. Ind-Swift Laboratories Ltd. - 2011 (265) E.L.T. 3 (S.C.) = 2012 (25) S.T.R. 184 (S.C.) to press its case that interest is leviable. But appellant denies the same on the basis of jud....