https://www.taxtmi.com/caselaws?id=201814 Where only part of a manufacturing business was sold and the factory continued under the manufacturer's control, with the premises leased back and manufacturing uninterrupted, Cenvat credit on inputs and capital goods did not lapse. The transaction was not treated as a complete transfer of the factory or division, so Rule 10 of the Cenvat Credit Rules, 2004 was not attracted in the manner urged by the Revenue. The denial of credit was therefore unsustainable, and the credit remained available to the appellant. en-us Thu, 12 Aug 2010 00:00:00 +0530 Sat, 29 Jan 2011 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201814 Where only part of a manufacturing business was sold and the factory continued under the manufacturer's control, with the premises leased back and manufacturing uninterrupted, Cenvat credit on inputs and capital goods did not lapse. The transaction was not treated as a complete transfer of the factory or division, so Rule 10 of the Cenvat Credit Rules, 2004 was not attracted in the manner urged by the Revenue. The denial of credit was therefore unsustainable, and the credit remained available to the appellant. Case-Laws Central Excise Thu, 12 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201814