https://www.taxtmi.com/caselaws?id=256185 Disallowance of modvat/cenvat credit could not rest solely on a supplier's statement and alleged bogus invoices where the adjudicating authority ignored the exculpatory portions of that statement and the assessee's supporting records. The assessee's invoices, receipts, cheque payments and statutory cenvat returns required full consideration, and a fraud allegation had to be proved on the entire material before credit could be denied. The HC therefore set aside the earlier order and remanded the matter for fresh adjudication on the complete evidentiary record. en-us Fri, 23 Jan 2015 00:00:00 +0530 Sat, 03 Oct 2015 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256185 Disallowance of modvat/cenvat credit could not rest solely on a supplier's statement and alleged bogus invoices where the adjudicating authority ignored the exculpatory portions of that statement and the assessee's supporting records. The assessee's invoices, receipts, cheque payments and statutory cenvat returns required full consideration, and a fraud allegation had to be proved on the entire material before credit could be denied. The HC therefore set aside the earlier order and remanded the matter for fresh adjudication on the complete evidentiary record. Case-Laws Central Excise Fri, 23 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256185