Transfer of CENVAT credit: intra-entity transfer allowed via rule 9 entry and transfer challan, subject to listed exemptions. Transfer of unutilised CENVAT credit of additional duty under sub-section (5) of section 3 of the Customs Tariff Act is allowed between registered premises of a manufacturer or producer sharing a common PAN by making an entry in records under rule 9 and issuing a transfer challan with specified particulars, subject to exclusion where both premises avail certain listed notifications; recipient premises may take credit on the basis of the transfer challan.
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Provisions expressly mentioned in the judgment/order text.
Transfer of CENVAT credit: intra-entity transfer allowed via rule 9 entry and transfer challan, subject to listed exemptions.
Transfer of unutilised CENVAT credit of additional duty under sub-section (5) of section 3 of the Customs Tariff Act is allowed between registered premises of a manufacturer or producer sharing a common PAN by making an entry in records under rule 9 and issuing a transfer challan with specified particulars, subject to exclusion where both premises avail certain listed notifications; recipient premises may take credit on the basis of the transfer challan.
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