https://www.taxtmi.com/circulars?id=61233 Conversion of a DTA unit into an EOU allows transfer and use of unutilized Cenvat credit. Amendments to rules governing removals by EOUs and the provision permitting transfer of unutilized credit on change of ownership apply to EOUs as manufacturers; therefore unutilized credit in the books of a DTA unit on conversion is admissible and the prior circular requiring lapse is withdrawn. en-us Thu, 23 Mar 2017 00:00:00 +0530 Thu, 30 May 2019 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61233 Conversion of a DTA unit into an EOU allows transfer and use of unutilized Cenvat credit. Amendments to rules governing removals by EOUs and the provision permitting transfer of unutilized credit on change of ownership apply to EOUs as manufacturers; therefore unutilized credit in the books of a DTA unit on conversion is admissible and the prior circular requiring lapse is withdrawn. Circulars Customs Thu, 23 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61233