https://www.taxtmi.com/caselaws?id=243852 Cenvat credit taken on invoice-based entries may be denied and recovered where physical verification and transport records show that the stated vehicles could not have carried the inputs and the goods were not delivered to the factory. Repeated discrepancies can undermine an explanation of human error, and credit is also liable to reversal where inputs received are removed without reversal. Extended limitation may apply where the assessee withholds the true nature of transactions or maintains false records of receipt and removal. Concurrent factual findings supported by reliable evidence leave no question of law absent perversity, sustaining credit denial, interest and penalty. en-us Wed, 15 Jan 2014 00:00:00 +0530 Fri, 12 Sep 2014 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243852 Cenvat credit taken on invoice-based entries may be denied and recovered where physical verification and transport records show that the stated vehicles could not have carried the inputs and the goods were not delivered to the factory. Repeated discrepancies can undermine an explanation of human error, and credit is also liable to reversal where inputs received are removed without reversal. Extended limitation may apply where the assessee withholds the true nature of transactions or maintains false records of receipt and removal. Concurrent factual findings supported by reliable evidence leave no question of law absent perversity, sustaining credit denial, interest and penalty. Case-Laws Central Excise Wed, 15 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243852