https://www.taxtmi.com/caselaws?id=221320 The court ruled in favor of the appellant, overturning the decision to reverse CENVAT credit on capital goods transferred between factories. The judge relied on High Court precedents, emphasizing that no reversal of credit was required when capital goods were transferred between factories of the same assessee. The judge prioritized the High Court decisions over the Tribunal's stance, ultimately setting aside the impugned order and allowing the appeal, resulting in the disposal of the stay application. en-us Fri, 01 Feb 2013 00:00:00 +0530 Wed, 06 Mar 2013 07:29:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221320 The court ruled in favor of the appellant, overturning the decision to reverse CENVAT credit on capital goods transferred between factories. The judge relied on High Court precedents, emphasizing that no reversal of credit was required when capital goods were transferred between factories of the same assessee. The judge prioritized the High Court decisions over the Tribunal's stance, ultimately setting aside the impugned order and allowing the appeal, resulting in the disposal of the stay application. Case-Laws Central Excise Fri, 01 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221320