https://www.taxtmi.com/caselaws?id=93472 Where disputed duty on transferred inputs, work-in-process, finished goods and capital goods would prima facie be available as Modvat credit to the transferee division, the transaction is treated as revenue neutral. On that basis, the Tribunal held that insistence on pre-deposit of duty and penalty was not warranted and dispensed with the pre-deposit. en-us Tue, 16 May 2000 00:00:00 +0530 Fri, 11 Nov 2011 16:17:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93472 Where disputed duty on transferred inputs, work-in-process, finished goods and capital goods would prima facie be available as Modvat credit to the transferee division, the transaction is treated as revenue neutral. On that basis, the Tribunal held that insistence on pre-deposit of duty and penalty was not warranted and dispensed with the pre-deposit. Case-Laws Central Excise Tue, 16 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93472