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2018 (4) TMI 590 - CESTAT MUMBAI100% EOU - carry forward of credit - whether the unutilized CENVAT credit lying in balance in the books of accounts in the case of respondent EOU can be carried forward to the respondent unit on its debonding to be a DTA? - Held that: - There is no dispute as to the fact that the respondent is functioning under a Central Excise registration when they were an EOU and the same registration number was continued as DTA unit - reliance placed in the case of Tecumseh Products India P. Ltd. Versus C.C.,C.E. & S.T., Hyderabad-IV [2015 (9) TMI 1487 - CESTAT BANGALORE], where it was held that there being no law prohibiting carrying forward unutilized CENVAT credit it cannot be held against the assessee - appeal dismissed - decided against Revenue.
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