CENVAT Credit Transfer Allowed: Relocation of Factory with Inputs Qualifies u/r 10(3) Despite No Capital Goods Moved.

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....CENVAT Credit - transfer of unutilized credit, on shifting of factory - Transfer of unutilized credit also denied on the ground that appellants have shifted on inputs and not shifted the capital goods - it is not necessary that the inputs and capital goods have to be transferred. Rule 10(3) uses the expression “inputs or capital goods”. The appellant in the present case has transferred the inputs into the Puducherry unit. Thus, as per Rule 10(3), they are entitled for transfer of the unutilized credit. - AT....