https://www.taxtmi.com/caselaws?id=51713 Modvat credit could not be denied merely because a factory was shifted when no stock of inputs or inputs in process remained at the old premises. Rule 57F(21) of the Central Excise Rules, 1944 was applied as a safeguard against double benefit, permitting transfer of credit only where relevant stock is moved to the new site. As nothing existed at the old premises to be transferred, the condition could not be used to defeat the claim. The transfer of Modvat credit was therefore admissible. en-us Wed, 17 Jul 2002 00:00:00 +0530 Mon, 27 Sep 2010 17:47:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51713 Modvat credit could not be denied merely because a factory was shifted when no stock of inputs or inputs in process remained at the old premises. Rule 57F(21) of the Central Excise Rules, 1944 was applied as a safeguard against double benefit, permitting transfer of credit only where relevant stock is moved to the new site. As nothing existed at the old premises to be transferred, the condition could not be used to defeat the claim. The transfer of Modvat credit was therefore admissible. Case-Laws Central Excise Wed, 17 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51713