2009 (11) TMI 610

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..... er of the Assistant Commissioner was in favour of SVASRML and not the assessee SVSPL - Held that: only the name of the company changed from SVASRML to SVSPL - The constitution of the company has not changed - the transfer of credit from SVASRML to SVSPL is permissible in law - Decided in favor of the assessee - E/290/2009 , E/319/2007 - 1777-1778/2009 - Dated:- 20-11-2009 - Ms. Jyoti Balasundar .....

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..... to SVSPL. The constitution of the company has not changed. Therefore, the transfer of credit from SVASRML to SVSPL is permissible in law. I, therefore, set aside the finding that Cenvat credit lying unutilised in the account of SVASRML cannot be transferred to SVSPL and allow Appeal No. E/319/2007. 3. In the light of the above, I reject the appeal filed by the Revenue for specifying the amount .....

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