CESTAT Chennai: Debit Notes Valid for Credit!

The Appellate Tribunal CESTAT, Chennai allowed the appeal and remanded the case for fresh decision to the adjudicating authority. The denial of credit to the assessees for using unspecified debit notes for credit availment was overturned based on a previous order in the assessee's case, allowing debit notes to be considered valid for extending credit.

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The Appellate Tribunal CESTAT, Chennai allowed the appeal by remanding the case for fresh decision to the adjudicating authority. The credit was denied to the assessees for being taken on the strength of debit notes not specified for credit availment. The Tribunal found that debit notes can be considered valid for extending credit based on an earlier order in the assessee's own case.

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