https://www.taxtmi.com/caselaws?id=106247 Modvat credit was found unsustainable where the inputs were not actually received in the factory, and the connected penalties were examined on that basis. The material on record, including departmental statements, was treated as sufficient despite objections on cross-examination, while the officials were held liable as persons knowingly concerned with goods liable to confiscation. The adjudication order was also criticised for lacking independent reasons and for merely adopting an earlier view, since an adjudication must be a speaking order with its own findings. The document states that the credit demand was upheld, penalties were reduced or set aside in part, and the matter on the non-speaking order was remanded for fresh adjudication. en-us Mon, 15 Apr 2002 00:00:00 +0530 Tue, 13 Mar 2012 14:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106247 Modvat credit was found unsustainable where the inputs were not actually received in the factory, and the connected penalties were examined on that basis. The material on record, including departmental statements, was treated as sufficient despite objections on cross-examination, while the officials were held liable as persons knowingly concerned with goods liable to confiscation. The adjudication order was also criticised for lacking independent reasons and for merely adopting an earlier view, since an adjudication must be a speaking order with its own findings. The document states that the credit demand was upheld, penalties were reduced or set aside in part, and the matter on the non-speaking order was remanded for fresh adjudication. Case-Laws Central Excise Mon, 15 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106247