https://www.taxtmi.com/caselaws?id=253932 Cenvat credit under Rule 16 of the Cenvat Credit Rules, 2002 remains subject to the prescribed documentary conditions under Rule 7. Where duty-paid goods were received for remaking or reconditioning, credit was held inadmissible because the invoices were issued in the name of another entity and were not valid documents in favour of the assessee. On limitation, the disclosure relied upon did not reveal that credit was taken on such invoices, and the omission supported a finding of suppression of material facts with intent to evade duty. The denial of credit, the demand, and the penalty were upheld. en-us Wed, 07 May 2014 00:00:00 +0530 Tue, 13 Jan 2015 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253932 Cenvat credit under Rule 16 of the Cenvat Credit Rules, 2002 remains subject to the prescribed documentary conditions under Rule 7. Where duty-paid goods were received for remaking or reconditioning, credit was held inadmissible because the invoices were issued in the name of another entity and were not valid documents in favour of the assessee. On limitation, the disclosure relied upon did not reveal that credit was taken on such invoices, and the omission supported a finding of suppression of material facts with intent to evade duty. The denial of credit, the demand, and the penalty were upheld. Case-Laws Central Excise Wed, 07 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253932