https://www.taxtmi.com/caselaws?id=272253 The Tribunal ruled in favor of the appellant in a case concerning the transfer of cenvat credit balance post amalgamation approval by the High Court. The Tribunal held that since the effective date of transfer was specified as 01.06.2005 by the High Court, any utilization of cenvat credit balance before this date was not permissible. As there was no cenvat balance in the account prior to the approved effective date, the appellant was not liable for the demand made by the Central Excise Department. The Tribunal found that the denial of cenvat credit was not legally sustainable and allowed the appeal. en-us Mon, 22 Feb 2016 00:00:00 +0530 Sat, 12 Nov 2016 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272253 The Tribunal ruled in favor of the appellant in a case concerning the transfer of cenvat credit balance post amalgamation approval by the High Court. The Tribunal held that since the effective date of transfer was specified as 01.06.2005 by the High Court, any utilization of cenvat credit balance before this date was not permissible. As there was no cenvat balance in the account prior to the approved effective date, the appellant was not liable for the demand made by the Central Excise Department. The Tribunal found that the denial of cenvat credit was not legally sustainable and allowed the appeal. Case-Laws Central Excise Mon, 22 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272253