https://www.taxtmi.com/acts?id=29982 Transfer of CENVAT credit is allowed when a manufacturer's factory is shifted or transferred due to change of ownership, sale, merger, amalgamation, lease, or transfer to a joint venture with transfer of liabilities, provided the stock of inputs (including in-process) is transferred with the factory and inputs on which credit was availed are duly accounted for to the satisfaction of the tax authorities; the transfer must be effected within the prescribed period, which may be extended on sufficient cause and with recorded reasons by a higher tax authority within prescribed limits. en-us Thu, 06 Jul 2017 12:52:34 +0530 Thu, 06 Jul 2017 12:55:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29982 Transfer of CENVAT credit is allowed when a manufacturer's factory is shifted or transferred due to change of ownership, sale, merger, amalgamation, lease, or transfer to a joint venture with transfer of liabilities, provided the stock of inputs (including in-process) is transferred with the factory and inputs on which credit was availed are duly accounted for to the satisfaction of the tax authorities; the transfer must be effected within the prescribed period, which may be extended on sufficient cause and with recorded reasons by a higher tax authority within prescribed limits. Act-Rules Central Excise Thu, 06 Jul 2017 12:52:34 +0530 https://www.taxtmi.com/acts?id=29982