https://www.taxtmi.com/caselaws?id=764242 CESTAT Ahmedabad allowed the appeal regarding CENVAT Credit denial on supplementary invoices for stock transfer. The tribunal held that Rule 9(1)(b) of CENVAT Credit Rules, 2004 applies only to sale transactions, not stock transfers between units of the same entity. Since the appellant received goods from their own unit through stock transfer without VAT payment, the restriction under Rule 9(1)(b) was inapplicable. The denial of CENVAT Credit was deemed without legal authority, following precedent from Essar Oil Ltd. case. en-us Tue, 10 Dec 2024 00:00:00 +0530 Mon, 06 Jan 2025 14:28:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764242 CESTAT Ahmedabad allowed the appeal regarding CENVAT Credit denial on supplementary invoices for stock transfer. The tribunal held that Rule 9(1)(b) of CENVAT Credit Rules, 2004 applies only to sale transactions, not stock transfers between units of the same entity. Since the appellant received goods from their own unit through stock transfer without VAT payment, the restriction under Rule 9(1)(b) was inapplicable. The denial of CENVAT Credit was deemed without legal authority, following precedent from Essar Oil Ltd. case. Case-Laws Central Excise Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764242