https://www.taxtmi.com/caselaws?id=248887 Cenvat credit was denied where recorded statements and the documentary record showed that invoices were issued and dealt with without any movement of goods. The Tribunal treated the admitted invoice-only transactions, including the recipient's acknowledgment that the invoices were not checked against actual goods and that the inadmissible credit had been reversed, as sufficient to establish wrongful availment of credit through fictitious transactions. It held that, once fraud was established from the admissions and supporting documents, no further corroboration from transporters, brokers, or other witnesses was necessary. The consequential penalty was therefore sustained. en-us Thu, 12 Jun 2014 00:00:00 +0530 Mon, 08 Feb 2016 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248887 Cenvat credit was denied where recorded statements and the documentary record showed that invoices were issued and dealt with without any movement of goods. The Tribunal treated the admitted invoice-only transactions, including the recipient's acknowledgment that the invoices were not checked against actual goods and that the inadmissible credit had been reversed, as sufficient to establish wrongful availment of credit through fictitious transactions. It held that, once fraud was established from the admissions and supporting documents, no further corroboration from transporters, brokers, or other witnesses was necessary. The consequential penalty was therefore sustained. Case-Laws Central Excise Thu, 12 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248887