Home Case Index All Cases Central Excise Central Excise + HC Central Excise - 2011 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (9) TMI 165 - KARNATAKA HIGH COURTShifting of premises - unutilized cenvat credit - conditions of Rule 10 of Cenvat Credit Rules, 2004 - Held that:- once the condition is satisfied, the assessee is entitled to the benefit of Cenvat credit at the transfer site. In the light of the factual findings recorded the proceedings by the Authorities that the credit has been availed of duly accounted to the satisfaction of the Authority, there is no case of double benefit as sought to be made out by the Assessing Authority. The Commissioner as well as the Tribunal are justified in setting aside the order and restoring the benefit to the assessee.
|