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Intimation to dept. about excess credit reversal won't relieve assessee from interest liability

January 4, 2017[2017] 77 357 (Mumbai - CESTAT)

Cenvat: Where assessee availed cenvat credit on inputs, capital goods and input services twice and on detection on its own reversed same and informed department, levy of interest upon it under rule 14 of Cenvat Credit Rules justified

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