https://www.taxtmi.com/caselaws?id=243260 Cenvat credit on inputs purchased through a registered first stage dealer was not to be denied merely because the original manufacturer was later found non-existent. The buyer satisfied Rule 9(3) by receiving goods under apparently genuine invoices, entering them in statutory records, using them in manufacture, clearing final products on duty payment, and paying by cheque. The court noted that reasonable steps are assessed on the facts, and it is impractical to require verification of the dealer's internal records beyond the documents accompanying the goods. On those facts, bona fide receipt and due diligence were established, so denial of credit was unjustified. en-us Wed, 15 Jan 2014 00:00:00 +0530 Fri, 09 May 2025 11:09:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243260 Cenvat credit on inputs purchased through a registered first stage dealer was not to be denied merely because the original manufacturer was later found non-existent. The buyer satisfied Rule 9(3) by receiving goods under apparently genuine invoices, entering them in statutory records, using them in manufacture, clearing final products on duty payment, and paying by cheque. The court noted that reasonable steps are assessed on the facts, and it is impractical to require verification of the dealer's internal records beyond the documents accompanying the goods. On those facts, bona fide receipt and due diligence were established, so denial of credit was unjustified. Case-Laws Central Excise Wed, 15 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243260