https://www.taxtmi.com/caselaws?id=122161 A fictitious supplier's invoices were treated as invalid for Cenvat credit purposes because the supplier gave a false address and the transaction was found fraudulent. Mere possession of documents from a provisionally registered supplier was held insufficient, and a dealer was required to take reasonable precautions before passing on credit under Rule 7(2) of the Cenvat Credit Rules, 2002. At the same time, recovery of wrongly availed credit was to be pursued under Rule 12 against the manufacturer or producer who actually took and utilised the credit, not against the dealer on the facts recorded. The penalty of Rs. 2 lakhs was sustained. en-us Fri, 01 Dec 2006 00:00:00 +0530 Thu, 09 Aug 2012 10:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122161 A fictitious supplier's invoices were treated as invalid for Cenvat credit purposes because the supplier gave a false address and the transaction was found fraudulent. Mere possession of documents from a provisionally registered supplier was held insufficient, and a dealer was required to take reasonable precautions before passing on credit under Rule 7(2) of the Cenvat Credit Rules, 2002. At the same time, recovery of wrongly availed credit was to be pursued under Rule 12 against the manufacturer or producer who actually took and utilised the credit, not against the dealer on the facts recorded. The penalty of Rs. 2 lakhs was sustained. Case-Laws Central Excise Fri, 01 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122161