https://www.taxtmi.com/forum/issue?id=3629 Unutilised cenvat credit on capital goods on conversion from DTA to EOU is transferable only when the conversion meets prescribed transfer criteria such as factory shift or change of ownership; otherwise the capital goods must be removed on payment of duty after allowing depreciation or dealt with under the fully depreciated goods provision. Duties paid in the DTA can be availed as credit by the EOU and used for DTA sales. Practical commentary indicates that conversion at the same location under prevailing foreign trade procedures may cause such cenvat credit to lapse. en-us Wed, 07 Dec 2011 08:53:26 +0530 Thu, 23 Jan 2025 15:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3629 Unutilised cenvat credit on capital goods on conversion from DTA to EOU is transferable only when the conversion meets prescribed transfer criteria such as factory shift or change of ownership; otherwise the capital goods must be removed on payment of duty after allowing depreciation or dealt with under the fully depreciated goods provision. Duties paid in the DTA can be availed as credit by the EOU and used for DTA sales. Practical commentary indicates that conversion at the same location under prevailing foreign trade procedures may cause such cenvat credit to lapse. Discussion-Forum Central Excise Wed, 07 Dec 2011 08:53:26 +0530 https://www.taxtmi.com/forum/issue?id=3629