https://www.taxtmi.com/caselaws?id=447933 CESTAT Chennai allowed appeals regarding CENVAT credit disallowance for stock transfers between manufacturing units. The Tribunal held that credit availed by Unit-I for excess duty paid by Unit-II could not be denied, following its earlier decision in the appellant's own case. The excess duty payment resulted from practical difficulties in determining actual production costs at clearance time. Since the situation was revenue neutral and duty was properly paid per invoices, the department could not deny credit to the recipient unit. Demands and penalties were set aside. en-us Mon, 08 Jan 2024 00:00:00 +0530 Tue, 09 Jan 2024 08:34:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447933 CESTAT Chennai allowed appeals regarding CENVAT credit disallowance for stock transfers between manufacturing units. The Tribunal held that credit availed by Unit-I for excess duty paid by Unit-II could not be denied, following its earlier decision in the appellant's own case. The excess duty payment resulted from practical difficulties in determining actual production costs at clearance time. Since the situation was revenue neutral and duty was properly paid per invoices, the department could not deny credit to the recipient unit. Demands and penalties were set aside. Case-Laws Central Excise Mon, 08 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447933