Utilization of CENVAT Credit within same entity does not cause loss to Exchequer

Morganite Crucible (India) Ltd. Vs Commissioner of Central Excise & Service Tax (CESTAT Mumbai) In a recent case, M/s. Morganite Crucible (India) Ltd. v. Commissioner of Central Excise & Service Tax [Excise Appeal No. 86235 of 2019 dated June 13, 2023], the CESTAT in Mumbai made a significant ruling. The order that restricted the assessee from availing credit related to one of its units was set aside. The CESTAT held that the utilization of credit by any unit within the same entity would not cause any loss to the Exchequer. This is because the credit disallowed to one unit is proportio...