https://www.taxtmi.com/caselaws?id=252378 Cenvat credit remained admissible where inputs were bought from a registered dealer, the invoices contained the prescribed particulars, the transactions were recorded in the buyer's books, and the inputs were shown as used in manufacture of dutiable final products. Retrospective cancellation of the dealer's registration did not by itself invalidate the credit, and general third-party statements alleging paper transactions were insufficient without specific evidence that the inputs were not actually received by the buyer. The governing verification focused on the identity of the supplier, not on tracing how the supplier procured the goods from elsewhere. On these facts, denial of credit was unsustainable. en-us Thu, 27 Feb 2014 00:00:00 +0530 Mon, 20 Oct 2014 10:53:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252378 Cenvat credit remained admissible where inputs were bought from a registered dealer, the invoices contained the prescribed particulars, the transactions were recorded in the buyer's books, and the inputs were shown as used in manufacture of dutiable final products. Retrospective cancellation of the dealer's registration did not by itself invalidate the credit, and general third-party statements alleging paper transactions were insufficient without specific evidence that the inputs were not actually received by the buyer. The governing verification focused on the identity of the supplier, not on tracing how the supplier procured the goods from elsewhere. On these facts, denial of credit was unsustainable. Case-Laws Central Excise Thu, 27 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252378