https://www.taxtmi.com/caselaws?id=794438 CENVAT credit could not be denied on a rigid factory-by-factory basis where a nil-rated intermediate product was transferred between units of the same manufacturer for further manufacture of dutiable final goods. The court treated the movement as a stock transfer, not a sale, because the units were under common ownership and no third-party sale or consideration was shown. It also held that the intermediate product did not become the final product merely because it left one unit, and that the fuel input credit could not be refused when the final goods were dutiable. The assessee's credit entitlement was restored. en-us Thu, 25 Jun 2026 00:00:00 +0530 Mon, 06 Jul 2026 08:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794438 CENVAT credit could not be denied on a rigid factory-by-factory basis where a nil-rated intermediate product was transferred between units of the same manufacturer for further manufacture of dutiable final goods. The court treated the movement as a stock transfer, not a sale, because the units were under common ownership and no third-party sale or consideration was shown. It also held that the intermediate product did not become the final product merely because it left one unit, and that the fuel input credit could not be refused when the final goods were dutiable. The assessee's credit entitlement was restored. Case-Laws Central Excise Thu, 25 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794438