CENVAT Credit Retained: Ownership Change Doesn't Trigger Reversal u/r 3(5A) If Goods Stay in Use On-Site.

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....CENVAT Credit - removal of capital goods as such or not - the law is settled that even though the ownership of the capital goods has been changed but the capital goods remained installed and used within the factory premises of the assessee, the Cenvat credit cannot be demanded under Rule 3(5A) of Cenvat Credit Rules, 2004. - AT....