https://www.taxtmi.com/caselaws?id=352668 Transfer of Cenvat credit on merger cannot be denied solely because prior permission under Rule 10(3) was not obtained; compliance with the rule's conditions and the transferee's entitlement must be examined on the facts, so the matter may require fresh adjudication with a hearing. For Polymer Modified Bitumen treated as non-manufactured, payment under Rule 6(3) was considered sufficient credit neutralisation where common inputs were used, and the entire attributable credit could not be mechanically reversed without verifying the statutory framework and factual compliance. The discussion therefore treats Rule 6 as applicable to non-excisable goods for this purpose, subject to reassessment on remand. en-us Fri, 27 Oct 2017 00:00:00 +0530 Thu, 29 Mar 2018 14:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352668 Transfer of Cenvat credit on merger cannot be denied solely because prior permission under Rule 10(3) was not obtained; compliance with the rule's conditions and the transferee's entitlement must be examined on the facts, so the matter may require fresh adjudication with a hearing. For Polymer Modified Bitumen treated as non-manufactured, payment under Rule 6(3) was considered sufficient credit neutralisation where common inputs were used, and the entire attributable credit could not be mechanically reversed without verifying the statutory framework and factual compliance. The discussion therefore treats Rule 6 as applicable to non-excisable goods for this purpose, subject to reassessment on remand. Case-Laws Central Excise Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352668