https://www.taxtmi.com/caselaws?id=116551 Credit on capital goods transferred from one factory to another unit of the same manufacturer was treated as admissible where the goods remained within the same manufacturing group and no credit was taken beyond the duty actually paid. The first unit had taken 50% Modvat credit and, on transfer, reversed only that availed credit even though full duty should have been paid on removal; the transferee unit then took the remaining 50% credit. The analysis applied Rule 57AC(2)(b) on continued use by the same manufacturer and sustained the appellate view that the credit was not excessive in relation to duty paid. en-us Fri, 07 Oct 2005 00:00:00 +0530 Wed, 13 Jun 2012 15:01:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116551 Credit on capital goods transferred from one factory to another unit of the same manufacturer was treated as admissible where the goods remained within the same manufacturing group and no credit was taken beyond the duty actually paid. The first unit had taken 50% Modvat credit and, on transfer, reversed only that availed credit even though full duty should have been paid on removal; the transferee unit then took the remaining 50% credit. The analysis applied Rule 57AC(2)(b) on continued use by the same manufacturer and sustained the appellate view that the credit was not excessive in relation to duty paid. Case-Laws Central Excise Fri, 07 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116551