https://www.taxtmi.com/circulars?id=6310 Transfer of unutilised Modvat credit on merger/amalgamation applies factory-wise and is permissible where credit relates to inputs lying in stock, inputs in process, or inputs contained in final products at the time of transfer. Transfer is subject to prior non-availment under any other rule or notification and cannot exceed the balance shown in RG 23A, Part II; any excess credit beyond these categories lapses. en-us Tue, 05 Jan 1993 00:00:00 +0530 Wed, 01 Jul 2009 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6310 Transfer of unutilised Modvat credit on merger/amalgamation applies factory-wise and is permissible where credit relates to inputs lying in stock, inputs in process, or inputs contained in final products at the time of transfer. Transfer is subject to prior non-availment under any other rule or notification and cannot exceed the balance shown in RG 23A, Part II; any excess credit beyond these categories lapses. Circulars Central Excise Tue, 05 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6310