2018 (8) TMI 1380 - AT - Central Excise

Rectification of mistake - applicant contended that interest for delayed reversal of CENVAT Credit should be considered upto 16 March 2012, whereas the Tribunal vide order dated 17.11.2017 has considered the period upto 31.03.2012 for such computation - Held that - Considering the date of effect of Cenvat Credit (Third Amendment) Rules, 2012, formulated under N/N. 18/2012-CE (N.T) dated 17.03.2012, the Tribunal has held that interest is chargeable on Credit availed upto the period of 31.03.2012. Thus, there is no apparent mistake in the said order, which can be rectified through the miscellaneous application - ROM Application dismissed.

Summary

The applicant sought rectification of mistake in an order regarding CENVAT Credit interest calculation. Tribunal held interest chargeable up to 31.03.2012 based on Cenvat Credit Rules amendment. Miscellaneous application dismissed.