https://www.taxtmi.com/caselaws?id=802077 Rule 12A(4) permits a Large Taxpayer Unit to transfer CENVAT credit between registered premises through prescribed accounting entries and transfer challans. Premature availment or transfer of capital-goods credit does not by itself extinguish substantive entitlement where the recipient reverses transferred credit before a show-cause notice, the originating unit remains eligible when production begins, and no premature utilisation causes Revenue prejudice. The prescribed instalment restriction for capital-goods credit regulates timing rather than eligibility; early accounting of the balance credit is procedural where that credit becomes otherwise admissible in the succeeding financial year and remains unutilised until then. en-us Thu, 29 Oct 2026 00:00:00 +0530 Sat, 31 Oct 2026 08:32:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802077 Rule 12A(4) permits a Large Taxpayer Unit to transfer CENVAT credit between registered premises through prescribed accounting entries and transfer challans. Premature availment or transfer of capital-goods credit does not by itself extinguish substantive entitlement where the recipient reverses transferred credit before a show-cause notice, the originating unit remains eligible when production begins, and no premature utilisation causes Revenue prejudice. The prescribed instalment restriction for capital-goods credit regulates timing rather than eligibility; early accounting of the balance credit is procedural where that credit becomes otherwise admissible in the succeeding financial year and remains unutilised until then. Case-Laws Central Excise Thu, 29 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802077