https://www.taxtmi.com/caselaws?id=52315 Transfer of Modvat credit on shifting of a factory was read as permissible under Rule 57S(4) and Rule 57N(2) where the site of the factory changes, and the provisions were treated as covering separate categories rather than requiring both sale or amalgamation and relocation together. On that prima facie construction, the departmental objection to transferability was not accepted for interim purposes, and pre-deposit of the duty demand was waived with recovery stayed. en-us Wed, 19 Mar 2003 00:00:00 +0530 Tue, 05 Oct 2010 11:26:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52315 Transfer of Modvat credit on shifting of a factory was read as permissible under Rule 57S(4) and Rule 57N(2) where the site of the factory changes, and the provisions were treated as covering separate categories rather than requiring both sale or amalgamation and relocation together. On that prima facie construction, the departmental objection to transferability was not accepted for interim purposes, and pre-deposit of the duty demand was waived with recovery stayed. Case-Laws Central Excise Wed, 19 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52315