https://www.taxtmi.com/forum/issue?id=4441 The core operative point is that CENVAT credit claimed on capital goods must be reversed on movement of those goods between manufacturing units in different excise jurisdictions pursuant to Budget 2012, even though Rule 10 of the Cenvat Credit Rules permits transfer of unutilized credit only when the factory is transferred due to change in ownership, sale, merger, amalgamation, lease, or transfer to a joint venture with transfer of liabilities, conditions not satisfied by a simple intra company relocation. en-us Sat, 28 Jul 2012 13:20:13 +0530 Thu, 23 Jan 2025 15:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4441 The core operative point is that CENVAT credit claimed on capital goods must be reversed on movement of those goods between manufacturing units in different excise jurisdictions pursuant to Budget 2012, even though Rule 10 of the Cenvat Credit Rules permits transfer of unutilized credit only when the factory is transferred due to change in ownership, sale, merger, amalgamation, lease, or transfer to a joint venture with transfer of liabilities, conditions not satisfied by a simple intra company relocation. Discussion-Forum Central Excise Sat, 28 Jul 2012 13:20:13 +0530 https://www.taxtmi.com/forum/issue?id=4441