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    <title>Availability of cenvat credit on transfer to sister concern</title>
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    <description>CENVAT credit transfer is allowed only between units/divisions of the same legal entity; transfer to a separate concern (including a sister concern) is permitted only upon change in ownership or business transfer such as sale, merger, amalgamation or lease. If inputs are moved to another unit, the transferor must reverse the credit and issue an excise invoice, after which the receiving unit may avail CENVAT credit on that invoice.</description>
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      <description>CENVAT credit transfer is allowed only between units/divisions of the same legal entity; transfer to a separate concern (including a sister concern) is permitted only upon change in ownership or business transfer such as sale, merger, amalgamation or lease. If inputs are moved to another unit, the transferor must reverse the credit and issue an excise invoice, after which the receiving unit may avail CENVAT credit on that invoice.</description>
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