https://www.taxtmi.com/caselaws?id=124017 Cenvat credit taken on goods received from a 100% EOU was sustained because the consignee's obligation under Rule 7(2) of the Cenvat Credit Rules, 2002 was limited to verifying that the duty shown in the invoice had been paid. The consignee was not required to the correctness of the consignor's exemption claim or the legality of the consignor's duty computation. Prompt reversal of the irregular credit on noticing the issue also supported bona fide conduct, and the existence of the supplies was undisputed. The Department's challenge therefore failed and the appeal was rejected. en-us Tue, 08 Jul 2008 00:00:00 +0530 Mon, 24 Sep 2012 15:38:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124017 Cenvat credit taken on goods received from a 100% EOU was sustained because the consignee's obligation under Rule 7(2) of the Cenvat Credit Rules, 2002 was limited to verifying that the duty shown in the invoice had been paid. The consignee was not required to the correctness of the consignor's exemption claim or the legality of the consignor's duty computation. Prompt reversal of the irregular credit on noticing the issue also supported bona fide conduct, and the existence of the supplies was undisputed. The Department's challenge therefore failed and the appeal was rejected. Case-Laws Central Excise Tue, 08 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124017