https://www.taxtmi.com/caselaws?id=113649 Penalty on a registered dealer for issuing invoices alleged to contain incorrect particulars requires proof that the entries were wilfully false and made with intent to facilitate inadmissible Modvat credit. Circumstantial material such as godown conditions, stock discrepancies, transport details, price variations and recorded statements was treated as insufficient where it only raised suspicion and did not establish a specific instance of impermissible credit being taken. The contrary view considered the same material adequate, but the majority held that the statutory ingredients were not proved and the confiscatory and penalty orders could not stand. en-us Fri, 18 Sep 1998 00:00:00 +0530 Mon, 07 May 2012 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113649 Penalty on a registered dealer for issuing invoices alleged to contain incorrect particulars requires proof that the entries were wilfully false and made with intent to facilitate inadmissible Modvat credit. Circumstantial material such as godown conditions, stock discrepancies, transport details, price variations and recorded statements was treated as insufficient where it only raised suspicion and did not establish a specific instance of impermissible credit being taken. The contrary view considered the same material adequate, but the majority held that the statutory ingredients were not proved and the confiscatory and penalty orders could not stand. Case-Laws Central Excise Fri, 18 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113649