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Excise on capital goods claiming -

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(Querist)
25 July 2015 Dear Sir

In June month i was wrongly file excise return in capital goods by mistake 100% claimed

if in july i will reverse the same values and will claim 50% is it correct or any interest calculation are there.

Kindly provide the solution

Thank your
Sailaja
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
28 July 2015 If you have only taken the cenvat credit then no need to pay interest. You need to pay interest when wrongly credit taken and utilised.

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