https://www.taxtmi.com/caselaws?id=31258 Rule 8 of the Cenvat Credit Rules, 2002 permits transfer of unutilised Cenvat credit when a manufacturer shifts its factory, provided the stock of inputs or capital goods is moved to the new site and duly accounted for to the satisfaction of the Commissioner. The text notes that departmental verification, transfer entries in the registers, and movement of inputs and capital goods supported compliance. It also states that the rule is not confined to the exact quantum of inputs physically shifted, but allows transfer of the available credit linked to the factory stock at the relocated unit. On that basis, the credit transfer was upheld and the departmental challenge failed. en-us Thu, 10 Jul 2008 00:00:00 +0530 Wed, 02 Apr 2014 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31258 Rule 8 of the Cenvat Credit Rules, 2002 permits transfer of unutilised Cenvat credit when a manufacturer shifts its factory, provided the stock of inputs or capital goods is moved to the new site and duly accounted for to the satisfaction of the Commissioner. The text notes that departmental verification, transfer entries in the registers, and movement of inputs and capital goods supported compliance. It also states that the rule is not confined to the exact quantum of inputs physically shifted, but allows transfer of the available credit linked to the factory stock at the relocated unit. On that basis, the credit transfer was upheld and the departmental challenge failed. Case-Laws Central Excise Thu, 10 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31258