https://www.taxtmi.com/caselaws?id=358479 The Tribunal upheld the transfer of unutilized CENVAT credit from an EOU to a DTA unit upon debonding, rejecting the Revenue's argument that Rule 10 prohibited such transfer. Relying on a Division Bench judgment, the Tribunal found no prohibition on carrying forward unutilized credit and affirmed the order setting aside the demand for unutilized credit. The Tribunal deemed the order-in-appeal correct and well-reasoned, dismissing the Revenue's appeal and disposing of the respondent's cross-objection. en-us Mon, 12 Mar 2018 00:00:00 +0530 Fri, 13 Apr 2018 06:09:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358479 The Tribunal upheld the transfer of unutilized CENVAT credit from an EOU to a DTA unit upon debonding, rejecting the Revenue's argument that Rule 10 prohibited such transfer. Relying on a Division Bench judgment, the Tribunal found no prohibition on carrying forward unutilized credit and affirmed the order setting aside the demand for unutilized credit. The Tribunal deemed the order-in-appeal correct and well-reasoned, dismissing the Revenue's appeal and disposing of the respondent's cross-objection. Case-Laws Central Excise Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358479