Cenvat credit on dealer invoices upheld where manufacturer documents supported goods movement and no contrary evidence was shown.

Cenvat credit was held admissible on invoices issued by registered dealers where the underlying movement of goods was supported by valid duty-paying documents. The Board circulars were applied to treat the manufacturer's invoice as sufficient, and separate registration of the dealer was not required on the stated facts. In the absence of contrary evidence showing that the dealer's name was missing from the manufacturer's documents, the factual basis for credit remained intact and the Revenue's objection failed.

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Issues: Whether Cenvat credit was admissible on the strength of invoices issued by registered dealers when the manufacturer's duty-paying documents did not show the registered dealer as purchaser.

Analysis: The credit was taken on invoices issued by registered dealers for inputs covered by the relevant period. The appellate authority relied on the Board's circulars stating that registered dealers need not be separately registered where the movement of goods is supported by the manufacturer's invoice treated as a valid duty-paying document. The record also showed no contrary evidence that the registered dealer's name was absent from the manufacturer's documents, and the departmental challenge did not displace the factual findings supporting credit.

Conclusion: Cenvat credit was correctly allowed and the Revenue's objection failed.

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