2022 (10) TMI 189

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....nt (AR) for the Respondent ORDER RAMESH NAIR The brief facts of the case are that the appellant had reversed the inadmissible cenvat credit and also paid interest thereon. Subsequently, in terms of Notification No.18/2012-CE (NT) dated 17.3.2012 whereby, Rule 14 of Cenvat Credit Rules, 2004 was amended, the appellant was not required to pay the interest for the credit reversed after 17.3.....

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..... As per the re-quantification the amount of Rs. 62,995/- was sanctioned and remaining amount of Rs. 2,23,185/- was rejected. Being aggrieved by this portion of rejection of the claim, the appellant filed appeal before the Commissioner (Appeals), the Commissioner (Appeals) also concurring with the finding of the adjudicating authority rejected the appeal therefore, the present appeal filed by the ....

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.... the revenue reiterates the finding of the impugned order. 4. I have carefully considered the submissions made by both the sides and perused the records. I find that in the last round of appeal, this tribunal vide Order No. A/10402/2018 dated 20.2.2018 remanded the matter by giving the following observation :- "I find that applicability of interest on availment of credit not admissible....

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....ly limited issue for consideration before me is that whether the adjudicating authority is right in considering the balance of service tax credit only for re-quantifying the claim of interest in de-novo adjudication as submitted by the learned consultant. However, the credit of all the three account is taken i.e. input, inputs service and capital goods the credit balance was maintained much more t....