2011 (7) TMI 350

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..... - However he held that they are liable to pay interest on the cenvat credit taken in excess to 50% of the admissible credit during each financial year - Appellant contended by them that the interest was not computed while passing the Order-in-Appeal - Revenue submitted that he has no objection in acceding to the request of the appellant - Accordingly allow the appeal - The Revenue may quantify th .....

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..... he appellants as they considered the disputed goods as the inputs. Subsequently the Commissioner (Appeals) partially allowed the appeal and set aside the penalty and cenvat credit. However he held that they are liable to pay interest on the cenvat credit taken in excess to 50% of the admissible credit during each financial year. 2. The appellant accepted the Order-in-Appeal. However it was con .....

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