2014 (11) TMI 1270

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..... e Rules, 2002 - liability of the appellants to pay the duty in cash but the appellants paid by utilizing CENVAT credit - HELD THAT:- The issue is no longer res integra and this Tribunal in the case of SOLAR CHEMFERTS PVT. LTD. VERSUS COMMISSIONER OF CENTRAL EXCISE, THANE-I [ 2011 (6) TMI 640 - CESTAT, MUMBAI] has already held that in such cases of default, it is not necessary for the appellants to .....

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..... NVAT credit. The learned counsel submits that the issue is no longer res integra and this Tribunal in the case of Solar Chemferts Pvt. Ltd. 2012 (276) E.L.T. 273 (Tri.-Mum.) has already held that in such cases of default, it is not necessary for the appellants to deposit the entire amount utilized as CENVAT credit in cash but it is sufficient if the interest is paid. This was followed by this Benc .....

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