https://www.taxtmi.com/caselaws?id=31563 Input tax credit on inter-unit transfers was held not to be deniable merely because the supplying units adopted a higher provisional assessable value and paid duty accordingly. The goods were cleared on provisional assessment to reflect possible input-cost fluctuation, the assessments were later finalised under CAS-4 norms, and no refund was claimed by the suppliers. In the absence of fraud, manipulation, or any revised assessment reducing the duty already paid, the duty paid by the supplying units remained the duty available for credit. The exercise was treated as revenue neutral, and the recipient unit's credit was allowed. en-us Thu, 05 Jun 2008 00:00:00 +0530 Sat, 22 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31563 Input tax credit on inter-unit transfers was held not to be deniable merely because the supplying units adopted a higher provisional assessable value and paid duty accordingly. The goods were cleared on provisional assessment to reflect possible input-cost fluctuation, the assessments were later finalised under CAS-4 norms, and no refund was claimed by the suppliers. In the absence of fraud, manipulation, or any revised assessment reducing the duty already paid, the duty paid by the supplying units remained the duty available for credit. The exercise was treated as revenue neutral, and the recipient unit's credit was allowed. Case-Laws Central Excise Thu, 05 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31563