Rule 10(3) Cenvat Credit Rules: No Prior Permission Needed for Credit Transfer on Ownership Change.

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....Transfer of credit due to change in ownership - As per rule 10(3) of the Cenvat Credit Rules 2004 there is no requirement to take prior permission to take Cenvat Credit from the concerned authorities - appellant has taken the credit and informed to the department they filed the ER return regularly - conditions are satisfied - AT....