https://www.taxtmi.com/caselaws?id=233821 Cenvat credit on disputed inputs was denied because the surrounding evidence indicated that the inputs shown in the invoices were not actually received or used in manufacture. The Tribunal relied on the later High Court decision in Ranjeev Alloys and the third-member view in Bhagwati Steelcast to apply the principle that, where shortage records, transport-related material, and the director's statement cast doubt on receipt, the burden shifts to the assessee to explain actual receipt and use. It also rejected remand, noting that the relevant facts had already been examined. The denial of credit, demand of duty with interest, and penalties were upheld. en-us Fri, 08 Mar 2013 00:00:00 +0530 Fri, 17 May 2013 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233821 Cenvat credit on disputed inputs was denied because the surrounding evidence indicated that the inputs shown in the invoices were not actually received or used in manufacture. The Tribunal relied on the later High Court decision in Ranjeev Alloys and the third-member view in Bhagwati Steelcast to apply the principle that, where shortage records, transport-related material, and the director's statement cast doubt on receipt, the burden shifts to the assessee to explain actual receipt and use. It also rejected remand, noting that the relevant facts had already been examined. The denial of credit, demand of duty with interest, and penalties were upheld. Case-Laws Central Excise Fri, 08 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233821