https://www.taxtmi.com/caselaws?id=123770 The Tribunal allowed the appeal, holding that the appellant was entitled to transfer unutilized Cenvat credit to their Bangalore unit following the amalgamation of units. The denial of credit by the Commissioner (Appeals) was overturned, as Rule 10 of the Cenvat Credit Rules, 2004 permitted such transfers without prior permission. The Tribunal emphasized that the credit would not lapse due to product exemption, as transitional provisions under Rule 11 ensured its availability for transfer. The appellant's compliance with accounting requirements and reversal of credit on inputs supported the transfer, aligning with the decision in a similar case involving Hewlett Packard (India) Sales (P) Ltd. en-us Fri, 11 Jan 2008 00:00:00 +0530 Sat, 02 Jan 2016 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123770 The Tribunal allowed the appeal, holding that the appellant was entitled to transfer unutilized Cenvat credit to their Bangalore unit following the amalgamation of units. The denial of credit by the Commissioner (Appeals) was overturned, as Rule 10 of the Cenvat Credit Rules, 2004 permitted such transfers without prior permission. The Tribunal emphasized that the credit would not lapse due to product exemption, as transitional provisions under Rule 11 ensured its availability for transfer. The appellant's compliance with accounting requirements and reversal of credit on inputs supported the transfer, aligning with the decision in a similar case involving Hewlett Packard (India) Sales (P) Ltd. Case-Laws Central Excise Fri, 11 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123770