https://www.taxtmi.com/caselaws?id=444863 CESTAT Chennai held that accumulated CENVAT credit can be transferred from an EOU unit to its successor DTA unit after exit from EOU status. The tribunal ruled that under Rule 10, manufacturers can transfer unutilized CENVAT credit during factory transfers, including changes in status. Though EOU and DTA units are separate entities under Central Excise law, the department cannot recover credit belonging to the appellant. Following precedent from Tecumseh Products case, the demand was set aside and appeal allowed. en-us Fri, 20 Oct 2023 00:00:00 +0530 Wed, 25 Oct 2023 10:05:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444863 CESTAT Chennai held that accumulated CENVAT credit can be transferred from an EOU unit to its successor DTA unit after exit from EOU status. The tribunal ruled that under Rule 10, manufacturers can transfer unutilized CENVAT credit during factory transfers, including changes in status. Though EOU and DTA units are separate entities under Central Excise law, the department cannot recover credit belonging to the appellant. Following precedent from Tecumseh Products case, the demand was set aside and appeal allowed. Case-Laws Central Excise Fri, 20 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444863