https://www.taxtmi.com/caselaws?id=261378 The Tribunal ruled in favor of the appellant, M/s BILT Graphic Paper Products Ltd., regarding the transfer of unutilized Special Additional Duty (SAD) credit to a newly acquired company, M/s Ballarpur Industries Ltd. The dispute centered on whether the credit could be transferred from Unit-1 to Unit-2 after the sale of the entire company. The Tribunal found that the transfer was valid under Rule 10 of the CENVAT Credit Rules, as inputs were received, duty paid, and credit availed by both units. Consequently, the appellant was granted the transfer of the unutilized SAD credit, leading to the allowance of the stay petition unconditionally. en-us Thu, 04 Jun 2015 00:00:00 +0530 Mon, 15 Feb 2016 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261378 The Tribunal ruled in favor of the appellant, M/s BILT Graphic Paper Products Ltd., regarding the transfer of unutilized Special Additional Duty (SAD) credit to a newly acquired company, M/s Ballarpur Industries Ltd. The dispute centered on whether the credit could be transferred from Unit-1 to Unit-2 after the sale of the entire company. The Tribunal found that the transfer was valid under Rule 10 of the CENVAT Credit Rules, as inputs were received, duty paid, and credit availed by both units. Consequently, the appellant was granted the transfer of the unutilized SAD credit, leading to the allowance of the stay petition unconditionally. Case-Laws Central Excise Thu, 04 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261378