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TMI Blog2018 (4) TMI 1241X X X X Extracts X X X X X X X X Extracts X X X X ..... of centralized registration - Held that: - appellant is a public sector undertaking Bank, no individual interest is involved - The fact remains that the documents were available in the books of account and as mentioned no individual interest is involved. There is no statutory requirement of specified documents for transferring credit available with the multiples registrations to centralized reg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s coming under Bhopal Zone to the Bhopal zonal office. Accordingly, they filed the request for centralized registration in January 2010 which was granted in June, 2010. Thereafter, certain proceedings were initiated against the applicant with reference to their eligibility for Cenvat Credit of above mentioned amount which are the credits originally availed by more than 4 00 branch having separate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e branch offices and there is no allegation of availment of irregular credit. There is no stipulation of any prescribed document for centralizing credit consequent upon centralized registration. 5. On the other hand, Shri G R Singh, learned representative of the Revenue has justified the impugned order by submitting that the credit taken upon by the central registration has to be based on valid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h the multiples registrations to centralized registration. Hence, when there is no dispute regarding the credit originally availed by various branches, transfer of such credit cannot be denied. We are of the view that there is no distribution of credit in the present situation. 7. Considering the above factual position, we find that impugned order is not sustainable. Same is set aside. 8. In ..... X X X X Extracts X X X X X X X X Extracts X X X X
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