https://www.taxtmi.com/caselaws?id=244630 On sale and change of ownership of a factory, unutilized excise credit attributable to inputs and capital goods was held transferable because the liability-transfer condition in Rule 57F(20) applied to a shift of the factory, not a mere change of ownership. The Tribunal also rejected denial of credit for alleged non-compliance with Rule 57S(5), noting that the record supported production of relevant documents. However, the confirmed outstanding dues had to be adjusted first against the unutilized credit before transfer of the balance to the buyer, and the matter was remitted for consequential action. en-us Mon, 23 Dec 2013 00:00:00 +0530 Sat, 15 Nov 2014 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244630 On sale and change of ownership of a factory, unutilized excise credit attributable to inputs and capital goods was held transferable because the liability-transfer condition in Rule 57F(20) applied to a shift of the factory, not a mere change of ownership. The Tribunal also rejected denial of credit for alleged non-compliance with Rule 57S(5), noting that the record supported production of relevant documents. However, the confirmed outstanding dues had to be adjusted first against the unutilized credit before transfer of the balance to the buyer, and the matter was remitted for consequential action. Case-Laws Central Excise Mon, 23 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244630