REFUND OF CENVAT CREDIT, Central Excise

[Ramesh M]

Dear Exports,

We have two units in different locations and different ECC numbers, due to technical issues we are surrendering/closing one unit, Issue is there is unutilized cenvat credit available, can we transfer cenvat credit to other unit ? Please advice !!

Posts / Replies

[KASTURI SETHI]

Transfer of credit allowed under Rule 10 of Cenvat Credit Rules, 2004. Refund is also allowed. Case law based on the decision of the Apex Court is 2016 (6) TMI 314 - CESTAT CHENNAI in the case of Leo Oils & Lubricants Versus Commissioner of Central Excise, Chennai