https://www.taxtmi.com/caselaws?id=220307 Cenvat credit cannot be denied solely on an upstream supplier's statement alleging non-supply when that statement is not corroborated by the first-stage dealers or the recipient manufacturer. The record here showed receipt of inputs, payment by cheque, proper accounting, and use of the inputs in manufacture of duty-paid final products. In the absence of evidence of cash flow back, transport inquiry, or any alternative procurement theory to explain production, the evidentiary basis was insufficient to sustain denial of credit or penalties. en-us Mon, 14 Jan 2013 00:00:00 +0530 Sat, 28 Dec 2013 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220307 Cenvat credit cannot be denied solely on an upstream supplier's statement alleging non-supply when that statement is not corroborated by the first-stage dealers or the recipient manufacturer. The record here showed receipt of inputs, payment by cheque, proper accounting, and use of the inputs in manufacture of duty-paid final products. In the absence of evidence of cash flow back, transport inquiry, or any alternative procurement theory to explain production, the evidentiary basis was insufficient to sustain denial of credit or penalties. Case-Laws Central Excise Mon, 14 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220307