https://www.taxtmi.com/caselaws?id=245595 The Tribunal granted a stay on the recovery of disallowed Cenvat credit amounting to Rs.1,88,20,958/- by the Commissioner of Central Excise, Kolhapur, in the case of M/s. Kirloskar Oil Engines Ltd. The dispute arose from the disallowance of credit and penalties imposed under the Cenvat Credit Rules, 2004, due to alleged non-compliance with Rule 10(3) during factory relocation. The Tribunal ruled in favor of the appellant, allowing the transfer of excess credit without the physical transfer of inputs or capital goods, following precedents like the Ispat Industries Ltd. case and decisions of the Madras High Court. en-us Mon, 10 Feb 2014 00:00:00 +0530 Thu, 04 Sep 2014 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245595 The Tribunal granted a stay on the recovery of disallowed Cenvat credit amounting to Rs.1,88,20,958/- by the Commissioner of Central Excise, Kolhapur, in the case of M/s. Kirloskar Oil Engines Ltd. The dispute arose from the disallowance of credit and penalties imposed under the Cenvat Credit Rules, 2004, due to alleged non-compliance with Rule 10(3) during factory relocation. The Tribunal ruled in favor of the appellant, allowing the transfer of excess credit without the physical transfer of inputs or capital goods, following precedents like the Ispat Industries Ltd. case and decisions of the Madras High Court. Case-Laws Central Excise Mon, 10 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245595