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2017 (3) TMI 639 - AT - Central ExciseCENVAT credit - Large Tax Payers Units (LTU) - transfer of credit from unit to another - whether the appellants are right in transferring the portion of their credit available in Pune factory to other two factories, all three being part of single point registration under LTU, New Delhi? - the denial is only on the ground that such transfer was done before formal addition of Pune Unit in the revised registration. Held that: - upon enrolling as a assessee in LTU, all the units of the assessee will fall under Jurisdiction of LTU. The non-mentioning of Pune Unit in the original consent letter is due to the fact that at that time the unit was not in existence. Later the same was added, intimation was given to the officers of LTU, the credit was transferred, thereafter only. In such situation, there is no reason to deny the transfer of such credit which is otherwise legitimately available to the appellant - there is no violation of any provisions or any serious threat to the Revenue of the Govt. in such transfer which involves procedure available to the units enrolled in LTU - appeal allowed - decided in favor of appellant.
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