IN THE HIGH COURT OF BOMBAY AT GOA EXCISE APPEAL NO. 36 OF 2008 COMMISSIONER OF CENTRAL EXCISE ... Appellant Versus M/S. DR. REDDY'S LABORATORIES LTD. ... Respondent Mr. J. F. Mello, Central Govt. Standing Counsel for the appellant. Coram:- P. B. MAJMUDAR & N. A. BRITTO, JJ. Date:- 19th January, 2009 P.C. Heard learned Counsel for the appellant. Considering the reasoning given by the Customs, Excise & Service Tax Appellate Tribunal, West Zone Bench, Mumbai in para 2 of the order, we do not find any error in the Order of the Tribunal, as the issue in question is settled in favour of the Assessee by the Tribunal's decision in Godrej Soaps Ltd., Vs. CCE, Mumbai-2004 (170) ELT 102. The Tribunal has found that the interest would become payable only from the date of utilization of credit wrongly taken and not from the date of wrong taking thereof. 2. Since the Tribunal has held that there is no dispute that the interest for the period of utilization upto the date of reversal that Cenvat credit has already been paid by the Assessee and set aside the confirmation of interest amount, allowing the appeal of the Assessee, in our view, there is no substantial question of law to be decided by this Court. Hence, the appeal is dismissed. P. B. MAJMUDAR, J. N. A. BRITTO, J. ssm.