TaxTMI 
TaxTMI 
Sir,
For transfer of capital goods and raw material without payment of duty is allowed only on intimation or it is necessary to take permission from Asst/ Dy. Commissioner of Central Excise under Cenvat Credit Rule -2004 sub rule 10.
Amit
Transfer of Capital goods without payment of duty due to change in factroy location
10 Jun 2012 
1 Reply 
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Transfer of CENVAT credit requires transfer and accounting of inputs and capital goods to authority satisfaction.
Transfer of CENVAT credit is permitted when a factory or business is shifted or transferred due to change of ownership, sale, merger, amalgamation, lease or transfer to a joint venture, allowing unutilized credit to move to the transferee. This transfer is conditional on the stock of inputs and capital goods being transferred with the factory or business premises and those inputs and capital goods being duly accounted for to the satisfaction of the Deputy Commissioner or Assistant Commissioner of Central Excise; accordingly, obtaining the authority's permission is advisable. (AI Summary)
Transfer of CENVAT credit is permitted when a factory or business is shifted or transferred due to change of ownership, sale, merger, amalgamation, lease or transfer to a joint venture, allowing unutilized credit to move to the transferee. This transfer is conditional on the stock of inputs and capital goods being transferred with the factory or business premises and those inputs and capital goods being duly accounted for to the satisfaction of the Deputy Commissioner or Assistant Commissioner of Central Excise; accordingly, obtaining the authority's permission is advisable. (AI Summary)