https://www.taxtmi.com/caselaws?id=433714 The Appellate Tribunal CESTAT Ahmedabad ruled in favor of the appellant in a case concerning the denial of Cenvat credit due to early transfer of credit between units. The Tribunal found that although the transfer of credit occurred before the due date as per the rules, the appellant had paid interest for the period in question, and the early transfer did not impact revenue. It was determined that the denial of credit solely based on the early transfer was unjustified. The impugned order was set aside, and the appeal was allowed with consequential relief on 06.02.2023. en-us Mon, 06 Feb 2023 00:00:00 +0530 Wed, 08 Feb 2023 07:34:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433714 The Appellate Tribunal CESTAT Ahmedabad ruled in favor of the appellant in a case concerning the denial of Cenvat credit due to early transfer of credit between units. The Tribunal found that although the transfer of credit occurred before the due date as per the rules, the appellant had paid interest for the period in question, and the early transfer did not impact revenue. It was determined that the denial of credit solely based on the early transfer was unjustified. The impugned order was set aside, and the appeal was allowed with consequential relief on 06.02.2023. Case-Laws Central Excise Mon, 06 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433714