2007 (6) TMI 537

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..... ainst the Order-in-Appeal No. PI/187/2006, dated 5-5-2006. 2. Considered the submissions made by both sides and perused the records. 3. The issue involved in this case is regarding the confirmation of amount of interest that is recoverable from the respondent. The respondent have availed the Cenvat credit on the inputs as received by them. Some of the inputs were obsolete, hence the same was .....

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..... of show cause notice, the question of levy of interest under Section 11AB and penalty under Section 11AC does not arise . In the present case, I find that the appellants had reversed the Cenvat credit in the month of February and March, 2004, whereas the show cause notice was issued on 15-9-2005. I, therefore, find that the ratio of the decision, supra is squarely applicable to the present case. T .....

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