An assessee (A) has recd Inputs/ Capital goods from its another unit B. Unit B has debited duty -Basic duty as well as 4% ADI.A has taken credit of both.
EA-2000, auditor has taken objection about credit taken of 4% ADI. According to him ,B is liable to debit but A cannot take. For this I do not agree the objection as Rule 3(6) of CCR,2004 allows the credit.
I will appreciate opinion of our experts as amount of credit is high.If any case law on this than may be quoted., so the same can be shown to auditor.