CENVAT credit for input services upheld; denial not allowed without supplier assessment revision under Rule 2(l), CCR 2004

The SC dismissed the special leave petition and refused to interfere with the HC's order. The court held that CENVAT credit for input services under the CENVAT Credit Rules, 2004 cannot be denied at the recipient's end unless the supplier's assessment is revised; mere suspicion of sham transactions was insufficient. The Tribunal and HC found no allegation that the services fell outside Rule 2(l) of the CCR, 2004, and therefore the impugned denial of credit was not sustained.

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The Supreme Court of India, with Hon'ble Justices J.B. Pardiwala and R. Mahadevan presiding, dismissed a Special Leave Petition after considering arguments from both parties and reviewing the case records. The Court found no grounds to overturn the High Court's decision, and thus, the petition was rejected. Any pending applications were also resolved as a result of this judgment.

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