https://www.taxtmi.com/caselaws?id=96325 Rule 57F(7) of the Central Excise Rules, 1944 applied only where unutilised credit was transferred because of a change in ownership or a change in the site of the factory, with permission serving to ensure only correctly availed credit was shifted. Where the manufacturer remained the same, ownership did not change, the factory site stayed unchanged, and only the registration certificates of adjoining units were merged, the rule's triggering conditions were not met. On that basis, denial of the transferred credit was unjustified and the assessee's appeal succeeded. en-us Fri, 09 Mar 2001 00:00:00 +0530 Tue, 20 Dec 2011 18:33:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96325 Rule 57F(7) of the Central Excise Rules, 1944 applied only where unutilised credit was transferred because of a change in ownership or a change in the site of the factory, with permission serving to ensure only correctly availed credit was shifted. Where the manufacturer remained the same, ownership did not change, the factory site stayed unchanged, and only the registration certificates of adjoining units were merged, the rule's triggering conditions were not met. On that basis, denial of the transferred credit was unjustified and the assessee's appeal succeeded. Case-Laws Central Excise Fri, 09 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96325