https://www.taxtmi.com/caselaws?id=122949 Rule 8 of the Cenvat Credit Rules, 2002 permits transfer of unutilized Cenvat credit when a manufacturer shifts a factory to another site, so long as the stock of inputs or capital goods is also transferred and the goods on which credit was taken are duly accounted for to the Commissioner's satisfaction. The transfer is not restricted to the value of the physical stock of inputs moved. On the stated facts, the inputs and capital goods were accepted as transferred and accounted for, so the demand to limit the credit transfer to the stock value was unsustainable and the reversal demand could not stand. en-us Fri, 07 Sep 2007 00:00:00 +0530 Thu, 28 Sep 2017 09:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122949 Rule 8 of the Cenvat Credit Rules, 2002 permits transfer of unutilized Cenvat credit when a manufacturer shifts a factory to another site, so long as the stock of inputs or capital goods is also transferred and the goods on which credit was taken are duly accounted for to the Commissioner's satisfaction. The transfer is not restricted to the value of the physical stock of inputs moved. On the stated facts, the inputs and capital goods were accepted as transferred and accounted for, so the demand to limit the credit transfer to the stock value was unsustainable and the reversal demand could not stand. Case-Laws Central Excise Fri, 07 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122949