https://www.taxtmi.com/caselaws?id=125992 Cenvat credit on PVC compound was held admissible where contemporaneous records such as stock ledger entries, RG-23A Part-I register, requisition-cum-issue slips and cheque payments evidenced receipt of inputs in the factory and their use in manufacture. Third-party statements denying supply were not enough to displace this documentary evidence, especially where no transporter evidence was produced and cross-examination was refused. The alleged closure of the original manufacturer, by itself, did not undermine the assessee's records. On that basis, the duty demand and penalties were found unsustainable. en-us Tue, 03 Feb 2009 00:00:00 +0530 Tue, 01 Aug 2017 08:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125992 Cenvat credit on PVC compound was held admissible where contemporaneous records such as stock ledger entries, RG-23A Part-I register, requisition-cum-issue slips and cheque payments evidenced receipt of inputs in the factory and their use in manufacture. Third-party statements denying supply were not enough to displace this documentary evidence, especially where no transporter evidence was produced and cross-examination was refused. The alleged closure of the original manufacturer, by itself, did not undermine the assessee's records. On that basis, the duty demand and penalties were found unsustainable. Case-Laws Central Excise Tue, 03 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125992