https://www.taxtmi.com/caselaws?id=234829 Common management, same premises and integrated business activity meant that switching from separate to single registration did not amount to a transfer, merger or amalgamation for Rule 57F(12) purposes. The proviso allowed Modvat credit on duty-paid inputs to be used toward duty on any final product, where the inputs were received and used in the factory of production. As the sugar and distillery divisions were part of the same operation and the Revenue accepted admissibility to the extent of transferred molasses, the assessee could use unutilised credit against duty on sugar and the demand failed. en-us Thu, 13 Jun 2013 00:00:00 +0530 Sat, 08 Feb 2014 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234829 Common management, same premises and integrated business activity meant that switching from separate to single registration did not amount to a transfer, merger or amalgamation for Rule 57F(12) purposes. The proviso allowed Modvat credit on duty-paid inputs to be used toward duty on any final product, where the inputs were received and used in the factory of production. As the sugar and distillery divisions were part of the same operation and the Revenue accepted admissibility to the extent of transferred molasses, the assessee could use unutilised credit against duty on sugar and the demand failed. Case-Laws Central Excise Thu, 13 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234829