https://www.taxtmi.com/caselaws?id=182894 The tribunal upheld the legality of credit distribution within a company's units, emphasizing compliance with Cenvat Credit Rules and Rule 7. The judgment clarified that legitimately earned credits can be transferred between units to prevent tax cascading. It highlighted the importance of adhering to rules to ensure lawful credit distribution, as outlined in the circular by the Board. The appeal was allowed based on the proper application of rules and regulations, dismissing any legal concerns raised by the Revenue. en-us Fri, 06 Mar 2015 00:00:00 +0530 Sun, 22 May 2016 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182894 The tribunal upheld the legality of credit distribution within a company's units, emphasizing compliance with Cenvat Credit Rules and Rule 7. The judgment clarified that legitimately earned credits can be transferred between units to prevent tax cascading. It highlighted the importance of adhering to rules to ensure lawful credit distribution, as outlined in the circular by the Board. The appeal was allowed based on the proper application of rules and regulations, dismissing any legal concerns raised by the Revenue. Case-Laws Service Tax Fri, 06 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182894