https://www.taxtmi.com/caselaws?id=331934 The Tribunal allowed the appeal, determining that Rule 10(1) of the CENVAT Credit Rules, 2004 permits a shifted factory to avail unutilized credit post relocation. The Tribunal found that the rule's language encompasses shifted factories for credit transfer, despite the absence of the term "shifted." Emphasizing the importance of interpreting laws to avoid absurdities, the decision highlighted the need for legislative clarity to prevent future disputes. It was recommended that the Government address this issue to align legislative measures with the intent of Rule 10(1) regarding factory shifting. en-us Wed, 04 May 2016 00:00:00 +0530 Sat, 12 Nov 2016 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331934 The Tribunal allowed the appeal, determining that Rule 10(1) of the CENVAT Credit Rules, 2004 permits a shifted factory to avail unutilized credit post relocation. The Tribunal found that the rule's language encompasses shifted factories for credit transfer, despite the absence of the term "shifted." Emphasizing the importance of interpreting laws to avoid absurdities, the decision highlighted the need for legislative clarity to prevent future disputes. It was recommended that the Government address this issue to align legislative measures with the intent of Rule 10(1) regarding factory shifting. Case-Laws Central Excise Wed, 04 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331934