https://www.taxtmi.com/caselaws?id=333362 An eligible industrial unit does not lose area based exemption merely because it is transferred to a new owner, shifted to another premises within the exempted area, or begins manufacturing an additional product, if the original eligible manufacturing activity continues and the governing notification or circulars do not prohibit such changes. The accepted engineer's certificate and transfer of capital goods supported the conclusion that the unit remained eligible after relocation. The Board circulars were read as permitting alteration of plant and machinery, change in ownership, and continuation of exemption for the balance period. On that basis, denial of the exemption was unsustainable. en-us Thu, 11 Aug 2016 00:00:00 +0530 Sat, 19 Aug 2017 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333362 An eligible industrial unit does not lose area based exemption merely because it is transferred to a new owner, shifted to another premises within the exempted area, or begins manufacturing an additional product, if the original eligible manufacturing activity continues and the governing notification or circulars do not prohibit such changes. The accepted engineer's certificate and transfer of capital goods supported the conclusion that the unit remained eligible after relocation. The Board circulars were read as permitting alteration of plant and machinery, change in ownership, and continuation of exemption for the balance period. On that basis, denial of the exemption was unsustainable. Case-Laws Central Excise Thu, 11 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333362