Duty Paid on Moulds Transfer Eligible for CENVAT Credit; Revenue-Neutral Due to Factory Merger.

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....Captive consumption - that in case duty is paid on the moulds on its transfer to Noida, such duty will be available as cenvat credit to the recipient factory inasmuch as the original and the destination factory belong to the same manufacturer and in fact since the former merged with the later, the whole exercise will lead to the revenue neutral situation - no demand - AT....