https://www.taxtmi.com/caselaws?id=361417 A unit converting from DTA to EOU was not required to reverse validly earned unutilized CENVAT credit, because no provision barred carrying forward credit already accumulated while operating as a manufacturer. The Tribunal treated the departmental circular as insufficient to prohibit use of that balance after conversion, and held that the credit remained available to the appellant. The demand and denial of credit were therefore set aside, and the appellants were allowed to utilise the credit on conversion. en-us Thu, 31 May 2018 00:00:00 +0530 Thu, 07 Jun 2018 07:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361417 A unit converting from DTA to EOU was not required to reverse validly earned unutilized CENVAT credit, because no provision barred carrying forward credit already accumulated while operating as a manufacturer. The Tribunal treated the departmental circular as insufficient to prohibit use of that balance after conversion, and held that the credit remained available to the appellant. The demand and denial of credit were therefore set aside, and the appellants were allowed to utilise the credit on conversion. Case-Laws Central Excise Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361417