https://www.taxtmi.com/caselaws?id=270000 The Tribunal held that the appellants are entitled to Cenvat credit under Rule 10 of CCR, 2004, allowing the transfer of unutilized credit during amalgamation without the physical transfer of inputs. The decision of the Commissioner (Appeals) was upheld, rejecting the Revenue's appeal and disposing of the respondent's cross objection. The Tribunal emphasized the transferability of credit even without corresponding stock of inputs, citing legal provisions and precedents, including a judgment by the High Court of Karnataka. en-us Mon, 05 Oct 2015 00:00:00 +0530 Sun, 27 Dec 2015 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270000 The Tribunal held that the appellants are entitled to Cenvat credit under Rule 10 of CCR, 2004, allowing the transfer of unutilized credit during amalgamation without the physical transfer of inputs. The decision of the Commissioner (Appeals) was upheld, rejecting the Revenue's appeal and disposing of the respondent's cross objection. The Tribunal emphasized the transferability of credit even without corresponding stock of inputs, citing legal provisions and precedents, including a judgment by the High Court of Karnataka. Case-Laws Central Excise Mon, 05 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270000