https://www.taxtmi.com/caselaws?id=234120 CENVAT credit on endorsed invoices was not denied merely because the original manufacturer later became untraceable, but the assessee still had to satisfy the independent Rule 7(2) obligation to take all reasonable steps to ensure the inputs were duty-paid; on the facts, that requirement was not met. The Court also held that the extended limitation period could not be invoked absent any allegation or proof that the assessee was party to fraud, collusion, or suppression, so the demand failed on limitation. The invoices were not treated as forged or nonexistent solely due to the manufacturer's later non-traceability. en-us Fri, 28 Sep 2012 00:00:00 +0530 Wed, 13 Aug 2025 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234120 CENVAT credit on endorsed invoices was not denied merely because the original manufacturer later became untraceable, but the assessee still had to satisfy the independent Rule 7(2) obligation to take all reasonable steps to ensure the inputs were duty-paid; on the facts, that requirement was not met. The Court also held that the extended limitation period could not be invoked absent any allegation or proof that the assessee was party to fraud, collusion, or suppression, so the demand failed on limitation. The invoices were not treated as forged or nonexistent solely due to the manufacturer's later non-traceability. Case-Laws Central Excise Fri, 28 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234120