https://www.taxtmi.com/caselaws?id=240295 Prima facie fraudulent Cenvat credit taken on the basis of bogus invoices, paper transactions, unsupported claims of receipt of goods, and doubtful job-work arrangements justified a substantial pre-deposit for the principal noticee and the directors. The record did not establish actual receipt and use of inputs or genuine manufacture by the alleged job workers, so complete waiver of pre-deposit was not warranted for the main demand and connected penalties. Relief was calibrated differently for the other noticees: penalty pre-deposit was waived and recovery stayed pending the appeals, while Revenue's interest was protected through tailored deposit directions against the principal parties. en-us Wed, 31 Jul 2013 00:00:00 +0530 Thu, 21 Nov 2013 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240295 Prima facie fraudulent Cenvat credit taken on the basis of bogus invoices, paper transactions, unsupported claims of receipt of goods, and doubtful job-work arrangements justified a substantial pre-deposit for the principal noticee and the directors. The record did not establish actual receipt and use of inputs or genuine manufacture by the alleged job workers, so complete waiver of pre-deposit was not warranted for the main demand and connected penalties. Relief was calibrated differently for the other noticees: penalty pre-deposit was waived and recovery stayed pending the appeals, while Revenue's interest was protected through tailored deposit directions against the principal parties. Case-Laws Central Excise Wed, 31 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240295