https://www.taxtmi.com/caselaws?id=124951 Cenvat credit cannot be denied to a bona fide recipient of inputs where receipt under duty-referencing invoices is undisputed and the supplier's later failure to pay duty is the only objection. Rule 7(2) of the Cenvat Credit Rules, 2002 was read with the Board's circular to mean that no recovery should be made from a genuine user when the transaction itself is not doubted. Applying that principle, the Tribunal held the denial of credit was unjustified and upheld the assessee's entitlement to the credit. en-us Thu, 11 Sep 2008 00:00:00 +0530 Wed, 30 Aug 2017 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124951 Cenvat credit cannot be denied to a bona fide recipient of inputs where receipt under duty-referencing invoices is undisputed and the supplier's later failure to pay duty is the only objection. Rule 7(2) of the Cenvat Credit Rules, 2002 was read with the Board's circular to mean that no recovery should be made from a genuine user when the transaction itself is not doubted. Applying that principle, the Tribunal held the denial of credit was unjustified and upheld the assessee's entitlement to the credit. Case-Laws Central Excise Thu, 11 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124951