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2016 (12) TMI 276 - AT - Central ExciseCENVAT credit - transfer of credit - whether the Respondents are eligible for the transfer of the CENVAT credit of Service Tax and raw materials availed by the sister concern, which was amalgamated with the respondents? - Held that: - We find that it has been held in the plethora of decisions that physical transfer of inputs and raw material nor services are required, for transfer of cenvat credit accumulated and available in the books of sister concern on the date of amalgamation. We find no infirmity in the decision of the Commissioner (Appeals), which is upheld - CENVAT credit not allowed - appeal dismissed - decided against respondent-assessee.
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