Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (10) TMI 1157 - CESTAT CHENNAI

2015 (10) TMI 1157 - CESTAT CHENNAI - TMI - Waiver of pre deposit - Disallowance of CENVAT Credit - Held that:- From letters dt. 29.9.2011 and dt. 10.10.2011 enclosing an undertaking on non-judicial stamp paper dt. 8.10.2011, it is clear that appellant at every stage intimated the department and also sought for single registration. Appellants in their letter dt. 29.9.2011 clearly referred to Rule 10 of CCR seeking for single registration and also undertook to binding themselves to all assets and .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

r the Appellant : Ms D Naveena, Adv. For the Respondent : Ms Cecelia Parthasarathy, AC (AR) ORDER Per: R Periasami: The brief facts of the case are that appellants have two units viz. M/s. Blue Mount Textiles and M/s. Sri Gugan Mills, both are owned by M/s. Sharadha Terry Products Ltd. Consequent on merger of M/s.Sri Gugan Mills with M/s. Sharadha Terry Products Ltd. as per the Board's Resolution dt. 16.8.2011, the appellants transferred the credit of ₹ 41,36,321/- pertaining to M/s.Sr .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

hat they decided to merge both units and passed Board's resolution on 16th August 2011. This was duly intimated to the jurisdictional Asst. Commissioner of Central Excise by the appellant on 29.9.2011 along with intimation for surrendering the registration certificate of M/s. Sri Gugan Mills. On 10.10.2011, applicant filed a letter requesting for single registration and also submitted an undertaking regarding the assets and liabilities. In Feb 2012, they transferred the credit. The departmen .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version