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Central Excise - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

Transfer of Cenvat Credit - Amalgamation - Sub-Rule (1) of Rule ...


Court Rules Sub-Rule (1) of Rule 11 Inapplicable to Exemption Notification; Cenvat Credit Transfer Allowed Post-Amalgamation.

February 14, 2012

Case Laws     Central Excise     HC

Transfer of Cenvat Credit - Amalgamation - Sub-Rule (1) of Rule 11 has no application to the Exemption Notification, in the instant case, and therefore the appellate Commissioner as well as the assessing authority were totally in error in denying the benefit of transfer of unutilized Cenvat credit to the assessee..... - HC

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