https://www.taxtmi.com/caselaws?id=123294 Deemed Cenvat credit under the compounded levy scheme was held admissible where the invoice carried the prescribed declaration under Rule 96ZP(3), and credit could not be denied merely because proof of actual duty payment was not produced. The prescribed declaration was treated as sufficient to establish receipt of duty-paid material for the notification governing deemed credit, and any non-payment of duty by the supplier was a matter for recovery from the supplier, not the recipient. Penalties were also found unwarranted on the facts, and the revenue appeals failed. en-us Thu, 17 Jan 2008 00:00:00 +0530 Tue, 11 Sep 2012 15:00:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123294 Deemed Cenvat credit under the compounded levy scheme was held admissible where the invoice carried the prescribed declaration under Rule 96ZP(3), and credit could not be denied merely because proof of actual duty payment was not produced. The prescribed declaration was treated as sufficient to establish receipt of duty-paid material for the notification governing deemed credit, and any non-payment of duty by the supplier was a matter for recovery from the supplier, not the recipient. Penalties were also found unwarranted on the facts, and the revenue appeals failed. Case-Laws Central Excise Thu, 17 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123294