https://www.taxtmi.com/caselaws?id=219692 The Tribunal allowed the appeal, permitting the transfer of unutilized cenvat credit from the closed manufacturing unit to the existing unit. It held that the closure of the unit and the transfer of capital goods constituted shifting the factory to another site as per Rule 10(1) and (3) of Cenvat Credit Rules, 2004. The denial of the transfer was deemed unjustified, and the duty demand with interest and penalty was confirmed in favor of the appellant. en-us Wed, 27 Jun 2012 00:00:00 +0530 Tue, 08 Jan 2013 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219692 The Tribunal allowed the appeal, permitting the transfer of unutilized cenvat credit from the closed manufacturing unit to the existing unit. It held that the closure of the unit and the transfer of capital goods constituted shifting the factory to another site as per Rule 10(1) and (3) of Cenvat Credit Rules, 2004. The denial of the transfer was deemed unjustified, and the duty demand with interest and penalty was confirmed in favor of the appellant. Case-Laws Central Excise Wed, 27 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219692