https://www.taxtmi.com/caselaws?id=330624 The Tribunal allowed the appeal by ITC Ltd., holding that ILTD, Guntur, is part of ITC Ltd. and eligible to distribute CENVAT credit to the company. The Tribunal found that ILTD is not a separate entity but a division of ITC Ltd., thus the credit distributed by ILTD is admissible. The order denying CENVAT credit of Rs. 3,25,80,308/- was set aside, emphasizing that ILTD's operations do not fall under Rule 7(b) of the CENVAT Credit Rules. en-us Tue, 12 Jul 2016 00:00:00 +0530 Sat, 18 Feb 2017 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330624 The Tribunal allowed the appeal by ITC Ltd., holding that ILTD, Guntur, is part of ITC Ltd. and eligible to distribute CENVAT credit to the company. The Tribunal found that ILTD is not a separate entity but a division of ITC Ltd., thus the credit distributed by ILTD is admissible. The order denying CENVAT credit of Rs. 3,25,80,308/- was set aside, emphasizing that ILTD's operations do not fall under Rule 7(b) of the CENVAT Credit Rules. Case-Laws Central Excise Tue, 12 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330624