https://www.taxtmi.com/caselaws?id=211585 CENVAT credit cannot be denied merely on allegations of bogus invoices where the assessee establishes receipt of both the goods and the invoices, and the department produces no independent evidence of fraud or non-receipt of inputs. The manager's statement, read in context, did not prove availing of credit without actual receipt of goods, and supplier-side proceedings alone were insufficient to dislodge the concurrent factual findings. On those facts, the demand was unsustainable and penalty was not warranted, so the findings in favour of the assessee were left undisturbed. en-us Thu, 21 Jul 2011 00:00:00 +0530 Tue, 27 Mar 2012 06:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211585 CENVAT credit cannot be denied merely on allegations of bogus invoices where the assessee establishes receipt of both the goods and the invoices, and the department produces no independent evidence of fraud or non-receipt of inputs. The manager's statement, read in context, did not prove availing of credit without actual receipt of goods, and supplier-side proceedings alone were insufficient to dislodge the concurrent factual findings. On those facts, the demand was unsustainable and penalty was not warranted, so the findings in favour of the assessee were left undisturbed. Case-Laws Central Excise Thu, 21 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211585