https://www.taxtmi.com/forum/issue?id=1987 Merging two business entities in excise raises duty on finished goods in stock and treatment of unutilised cenvat credit. If finished goods remain within the factory and ownership remains unchanged after merger, excise duty on those stocks is not payable. Unutilised cenvat credit must be addressed by applying the rules governing transfer or adjustment of credit on amalgamation under the cenvat credit regulatory framework. en-us Sat, 12 Jun 2010 17:15:24 +0530 Thu, 23 Jan 2025 15:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1987 Merging two business entities in excise raises duty on finished goods in stock and treatment of unutilised cenvat credit. If finished goods remain within the factory and ownership remains unchanged after merger, excise duty on those stocks is not payable. Unutilised cenvat credit must be addressed by applying the rules governing transfer or adjustment of credit on amalgamation under the cenvat credit regulatory framework. Discussion-Forum Central Excise Sat, 12 Jun 2010 17:15:24 +0530 https://www.taxtmi.com/forum/issue?id=1987