2009 (2) TMI 824 - SCH - Central Excise

Shifting of factory - capital goods inputs and the balance unutilised credit in question have been properly received and accounted for by the assessee in the respective registers - the decision in the case of COMMISSIONER OF CENTRAL EXCISE PONDICHERRY Versus CESTAT 2008 (7) TMI 116 - HIGH COURT MADRAS contested where it was held that rule does not require that the assessee can transfer the credit corresponding only to the quantum of inputs transferred to the new factory but permits the assessee to transfer the available credits along with inputs and capital goods in stock at the factory to the new location - Held that - the decision in the above case upheld - appeal dismissed - decided against appellant.