2005 (2) TMI 381 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai allowed the transfer of credit on amalgamation of a unit with another under Rule 57F(20) of the Central Excise Rules, 1944. The denial of transfer was overturned based on past rulings and Circular No. 1/93 dated 5-1-1993, as Rule 57F(20) was introduced later. The appeal was allowed.