https://www.taxtmi.com/caselaws?id=758447 A unit already enjoying area-based excise exemption under Notification No. 50/2003-C.E. does not lose that benefit merely because ownership changes, if entitlement had accrued before transfer. The factual record showed the exemption was available to the unit before it was transferred, and the earlier remand was confined to verifying that fact. The court also noted that the circular relied upon recognised that a change in ownership or factory premises, by itself, does not disqualify an existing beneficiary from the area-based exemption. The denial of exemption was therefore unjustified and the appeal failed. en-us Mon, 05 Aug 2024 00:00:00 +0530 Sat, 14 Sep 2024 08:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758447 A unit already enjoying area-based excise exemption under Notification No. 50/2003-C.E. does not lose that benefit merely because ownership changes, if entitlement had accrued before transfer. The factual record showed the exemption was available to the unit before it was transferred, and the earlier remand was confined to verifying that fact. The court also noted that the circular relied upon recognised that a change in ownership or factory premises, by itself, does not disqualify an existing beneficiary from the area-based exemption. The denial of exemption was therefore unjustified and the appeal failed. Case-Laws Central Excise Mon, 05 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758447