https://www.taxtmi.com/caselaws?id=243406 Cenvat credit could not be denied merely on the basis of a third-party statement alleging non-activity of the original manufacturer and first-stage dealer, where the assessee received goods through an existing second-stage dealer and paid by cheque. Rule 7 of the Cenvat Credit Rules required reasonable verification of the immediate supplier's identity and address, not investigation beyond that chain. The Revenue failed to prove that inputs were never manufactured or cleared, or to produce supporting evidence such as transport records, proof of flow-back of funds, or material showing fictitious supply. On these facts, the credit denial was unsustainable in law. en-us Thu, 09 Jan 2014 00:00:00 +0530 Tue, 02 Sep 2014 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243406 Cenvat credit could not be denied merely on the basis of a third-party statement alleging non-activity of the original manufacturer and first-stage dealer, where the assessee received goods through an existing second-stage dealer and paid by cheque. Rule 7 of the Cenvat Credit Rules required reasonable verification of the immediate supplier's identity and address, not investigation beyond that chain. The Revenue failed to prove that inputs were never manufactured or cleared, or to produce supporting evidence such as transport records, proof of flow-back of funds, or material showing fictitious supply. On these facts, the credit denial was unsustainable in law. Case-Laws Central Excise Thu, 09 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243406