https://www.taxtmi.com/forum/issue?id=3209 Transfer of unutilised Cenvat credit is permitted only when the inputs, inputs in process, or capital goods on which credit was availed are transferred and duly accounted for to the satisfaction of the excise authorities; departmental verification and proper accountal are preconditions to allow the receiving unit to take the credit. Absent transfer of capital goods or where closing stock was moved without appropriate reversal or excisable invoicing by the transferor, credit cannot be straightforwardly transferred and may require reversal and re-invoicing. en-us Fri, 22 Jul 2011 17:37:51 +0530 Thu, 23 Jan 2025 15:58:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3209 Transfer of unutilised Cenvat credit is permitted only when the inputs, inputs in process, or capital goods on which credit was availed are transferred and duly accounted for to the satisfaction of the excise authorities; departmental verification and proper accountal are preconditions to allow the receiving unit to take the credit. Absent transfer of capital goods or where closing stock was moved without appropriate reversal or excisable invoicing by the transferor, credit cannot be straightforwardly transferred and may require reversal and re-invoicing. Discussion-Forum Central Excise Fri, 22 Jul 2011 17:37:51 +0530 https://www.taxtmi.com/forum/issue?id=3209