2015 (10) TMI 771

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..... tly taken and stands reversed before utilization, no interest liability would arise against them. Revenue has also not given any reasons as to whether the said credit so availed and reversed was utilized - no reasons to interfere with the impugned order of the Commissioner (A) - Decided against Revenue. - Appeal(s) Involved : E/5/2007-DB - Final Order No. 21944 / 2015 - Dated:- 21-9-2015 - Sm .....

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..... onfirmation of interest and imposition of penalty. Commissioner (A) held in favour of the respondent by observing as under: I find that the arguments adopted in the grounds of appeal have already been considered time and again by Hon ble Tribunal, Bangalore who have invariably upheld the position that interest and penalty in not imposable when duty is paid before issue of show cause notice. I .....

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