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2017 (9) TMI 1434 - AT - Central ExciseCENVAT credit - shifting of units and transfer of credit - Rule 10 of the CCR, 2004 - Held that: - On plain reading of Rule 10(1) of CCR, 2004, it is clear that if a manufacturer of the final product shifts his factory to another site, shall be allowed to transfer the Cenvat Credit lying unutilized in his accounts - the Adjudicating Authority examined the transfer of credit in details as permitted under Rule 10 of the Cenvat Credit Rules, 2004. The appellant categorically contended that they have not availed any credit on capital goods as revealed from the records. Therefore, the allegation against the appellant is without any substance - appeal allowed - decided in favor of appellant.
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