https://www.taxtmi.com/caselaws?id=2790 On shifting a factory to a new site, unutilized Cenvat credit may be transferred to the new unit if the inputs or capital goods are moved and duly accounted for to the Commissioner's satisfaction. Rule 8 of the Cenvat Credit Rules, 2002 was read as permitting such transfer without confining it to the exact credit relatable only to the physical stock transferred. As the materials and credit balance were satisfactorily accounted for, the demand treating the transfer as excessive could not stand, and the impugned order was set aside. en-us Fri, 07 Sep 2007 00:00:00 +0530 Wed, 16 Apr 2008 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2790 On shifting a factory to a new site, unutilized Cenvat credit may be transferred to the new unit if the inputs or capital goods are moved and duly accounted for to the Commissioner's satisfaction. Rule 8 of the Cenvat Credit Rules, 2002 was read as permitting such transfer without confining it to the exact credit relatable only to the physical stock transferred. As the materials and credit balance were satisfactorily accounted for, the demand treating the transfer as excessive could not stand, and the impugned order was set aside. Case-Laws Service Tax Fri, 07 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2790